829 Waiaka Pl - Apartments FOR SALE


Honolulu, HI 96816- Mccully-Moiliili
$3,578,000 USD
808-523-8313
829 Waiaka Pl, Honolulu, HI for Sale
$3,578,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

829 Waiaka Pl
Honolulu, HI 96816
Mccully-Moiliili


HIGHLIGHTS

  • Fully Leased Property
  • Long-term Leases in Place
  • 6 Units - All 2BD 1BA
  • Monthly Rental Income: $14,850/Mo
  • 10 Marked Parking Stalls
  • Common Laundry (tenant-paid)

OVERVIEW

Fully Renovated, Turnkey Asset This recently rehabbed 6-unit multifamily property in the heart of Moiliili offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, air conditioning, plus a new roof, plumbing, and electrical systems. Income & Stability With 10 marked parking stalls, tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. Projected monthly rent of $14,850 provides immediate returns with minimal near-term capital expenditures. Prime Location Situated across the street from the Kuilei Place development and near the University of Hawaii at Manoa, this asset benefits from strong student demand and sits in one of Honolulu’s fastest-evolving submarkets, ensuring long-term value growth.

FOR SALE DETAILS

PRICE

$3,578,000 USD

PRICE/SF

$620 USD /SF

# OF UNITS

6

PRICE/UNIT

$596,333

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,140 SF

ZONING

A-2

APN/PARCEL ID

1-2-7-027-051-0000

ASK ABOUT THIS PROPERTY

808-523-8313

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808-523-8313

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