63 Wailani St - Apartments FOR SALE


Wailuku, HI 96793
$1,795,000 USD
808-269-4101
63 Wailani St, Wailuku, HI for Sale
$1,795,000 USD
Apartments - FOR SALE
1/5
null | 5.95% Cap Rate

63 Wailani St
Wailuku, HI 96793


OVERVIEW

Income-producing 6-unit apartment property in the heart of Wailuku with projected annual NOI of $106,800. Consisting of two separate buildings, the property offers a unit mix of three 1-bedroom units and three 3-bedroom units, all currently tenant-occupied, delivering stable in-place income with value-add potential. Most units were updated between 2020 and 2025, supporting tenant appeal while helping limit near-term capital improvement needs. Additional income is generated through coin-operated laundry, and the property includes one parking stall per unit, along with a bike rack and shared barbecue area. The low-maintenance grounds, practical layout, and central Wailuku location near shops, restaurants, services, and cultural amenities make this an attractive multi-family investment opportunity. Select units enjoy mountain and ocean views. Please do not disturb tenants. Call to discuss details.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$476 USD /SF

# OF UNITS

6

PRICE/UNIT

$299,167

CAP RATE

5.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,187 SF

ZONING

B-2

APN/PARCEL ID

2-3-4-012-042-0000

ASK ABOUT THIS PROPERTY

Alyssa Aiko WakiShore to Shore RealtyMore Info
808-269-4101

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

Alyssa Aiko WakiShore to Shore RealtyMore Info
808-269-4101

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