REMARKS:

Located in the Heart of Honolulu this multi-unit property is a great investment for an Owner Operator Business or Apartment Investor that is interested in owning an IMX Zoned building. Cap rate at 6%. There are 8 units consisting of (4) two bedroom units, (2) Studio units, and (2) One bedroom units. This is a 1031 Exchange and the tax records may not reflect 6 units. Sold strictly "As Is" and is fully tenant occupied, so showings may be limited. Rents are between $1100 to $1400 to long term tenants but most are on Month to Month agreements. Entry and exit from both Stanley and Bannister streets are possible to get to the property. Great strategic location and freeway access in either direction.

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, April 25, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Berkshire Hathaway HmSvc HI RE