For Sale: Sold

730 Piikoi St
Honolulu, HI 96814

$1,385,000 (FS)
Sold Price
$1,380,000 (FS)
List Price
Property Type:
Multi-Family
Studio Units:
8
1-Bed Units:
0
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
4,796
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
5 - Assigned
MLS #:
201720523
TMK:
1-2-3-010-003-0000
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAKAAKO

REMARKS:

Cash Cow. This property, located directly across the street from Honolulu Sheridan Community Park, and just down the street from Ala Moana Shopping Center, makes almost $9, 000 a month with existing, in place leases. An excellent future development opportunity due to its Kakaako special district designation, bring your long-term plan while your short term investment produces an extremely attractive 5.3% cap rate return. Some units are below market, making this buy a no-brainer.

PROPERTY INFORMATION:

Zoning:
KA - State jurisdiction, refer
Furnished:
Partial
Year Built:
1942
Year Remodeled:
2015

FINANCIAL INFORMATION:

Assd. Val. Land:
$949,600
Assd. Val. Imprv:
$126,000
Assd. Val. Total:
$1,075,600
Tax Year:
2017
Monthly Taxes:
$314
Home Exempt.:
--

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, April 19, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies