808-282-0503
441 Walina St, Honolulu, HI for Sale
Apartments - FOR SALE
1/13
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441 Walina St
Honolulu, HI 96815
Waikiki


HIGHLIGHTS

  • Fee simple, 72-unit multifamily asset with 3 ground-floor commercial units in prime Waikiki.
  • Walkable location just two blocks from Waikiki Beach, Kalakaua Avenue, and the International Market Place.
  • Turnkey investment with recent renovations to units, common areas, exterior, and elevator systems.
  • Strong neighborhood fundamentals supported by nearby hospitality, retail, transit, and ongoing Kuhio Avenue corridor investment.

OVERVIEW

The Waikiki Walina (72 studio apartments over ground floor commercial space) is an extremely rare opportunity to acquire a multifamily asset of scale in the heart of Waikiki. (The majority of Waikiki inventory is low-rise walk-ups, ~12 to 25 units.) Turnkey asset in a high-demand submarket, with demonstrated consistent high occupancy and stable cash flow. Major capital expenditures have been completed recently (full elevator modernization, exterior concrete spall repair and painting, common areas (lobby, hardscape, landscape) and all commercial and apartment units have been renovated.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

72

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waikiki Walina Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

10

YEAR BUILT

1968

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,450 SF

ZONING

U/X2/12

APN/PARCEL ID

1-2-6-021-018-0000

ASK ABOUT THIS PROPERTY

David AsakuraCommercial Asset AdvisorsMore Info
808-282-0503

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David AsakuraCommercial Asset AdvisorsMore Info
808-282-0503

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