311 Puuhue Pl - Apartments FOR SALE


Honolulu, HI 96817- Liliha-Kapalama
$7,300,000 USD
808-392-6475
311 Puuhue Pl, Honolulu, HI for Sale
$7,300,000 USD
Apartments - FOR SALE
1/14
null | 5.01% Cap Rate

311 Puuhue Pl
Honolulu, HI 96817
Liliha-Kapalama


HIGHLIGHTS

  • Newly constructed in 2022
  • Bill 7 exemptions include real property tax and general excise tax through 2032
  • Each unit features in-unit washer/dryer, water heater, refrigerator, and stove/oven

OVERVIEW

FIRST COMPLETED BILL 7 APARTMENT BUILDING FOR SALE! 311 Puuhue Place is a newly constructed five-story walk-up completed in 2022 under Honolulu's Bill 7 program, consisting of twenty-five one-bedroom units on 5,110 square feet of fee simple U/11/11 zoned land. The property includes nine parking stalls, bicycle and moped parking, and electricity and water submetering monitored by Ikehu Utility Solutions. Each unit features in-unit washer/dryer, water heater, refrigerator, and stove/oven. Income and expenses stated are proforma. Bill 7 exemptions include real property tax and general excise tax through 2032. Please contact Listor for additional details. PLEASE DO NOT DISTURB TENANTS OR WALK ON THE PEROPERTY WITHOUT PERMISSION. Note: One or more photos may have been enhanced.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

25

PRICE/UNIT

$292,000

CAP RATE

5.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

311 Puuhue Pl

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2022

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,110 SF

ZONING

U/11/11

APN/PARCEL ID

1-1-7-018-061-0000

ASK ABOUT THIS PROPERTY

Alexander YenMarcus & Associates, Inc.More Info
808-392-6475

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Alexander YenMarcus & Associates, Inc.More Info
808-392-6475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.