CBRE Capital Markets is pleased to present a rare investment opportunity to acquire two large-scale fee simple multifamily properties located in Honolulu’s supply constrained Urban Core. It is one of the largest multifamily offerings to come to market within the Honolulu Urban Core in recent years with a combination of superior scale and location. With rents approximately 60% below market, the value-add multifamily investment opportunity providing an investor with the ability to make renovations and increase rents immediately.
It’s proximity to the Central Business District, Waikiki, Honolulu’s premier healthcare, educational, and commercial institutions provides significant tenant demand which includes a waiting list for units becoming available.