$4,600,000
Opportunity knocks! TWO 3 story hollow tile buildings located across from the post office on N King, this well-maintained 20-unit apartment building has 6 retail spaces, 9 one-bedroom units, 4 two-bedrooms, 1 three-bedroom, and 1 bonus warehouse unit (approx 645sf). Owner recently fixed spalling and painted, and has taken excellent care of the building. Property has some covered parking, and bonus parking fronting the building not included in the 17 stalls. Access from Long Lane via N King. Opportunity to create better cash flow with minimal cap expenditure due to below market rents. |
Stories | 3 |
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Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
ROOF | Custom/Specialty |
Parking | 17, *3 tandem, not including stalls fronting the building |
Status | For Sale |
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LIVING SPACE | 10,785 Sq.Ft. |
TOTAL AREA | 10,785 Sq.Ft. |
LOT SIZE | 9,507 Sq.Ft. |
MLS® ID | 202311568 & 202311573 |
Type | Multi-Family , Commercial |
Year Built | 1970 |
SALES PRICE | $4,600,000 |
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Zoning | BMX-3 |
Below market rents with opportunity to create better cash flow.
Christina Dwight
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.
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