1909 Kahakai Dr
Honolulu, HI 96814
- Property Type:
- Multi-Family
- Studio Units:
- 25
- 1-Bed Units:
- 8
- 2-Bed Units:
- 0
- 3-Bed Units:
- 0
- Land Area (sf):
- 11,728
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
- Parking Stalls:
- 15 - Assigned
- MLS #:
- 202112413
- TMK:
- 1-2-3-036-028-0000
- List Date:
- Island:
- Oahu
- Region:
- Metro Oahu
- Neighborhood:
- ALA MOANA
REMARKS:
Over 4.5% CAP RATE !!! Next to Hawaii Convention Center & entrance to Waikiki. Rents are below market which provides lucky investor an opportunity to greatly increase cash flow. Bldg 100% occupied, currently zero vacancies. Great revenue-earning property for investment. All concrete building-super quiet for tenants, well-kept exterior and landscaping, excellent condition. 33-unit building has 15 rentable stalls for parking. Units individually metered for electricity. Laundry facility conveniently in building. Highly desirable rental units due to central location. Across the street from Ala Moana Shopping Center. Short walk to stores, grocery, beaches and bus stops. Bike/Walk friendly area.
PROPERTY INFORMATION:
- Zoning:
- 12 - A-2 Medium Density Apartme
- Furnished:
- --
- Year Built:
- 1951
- Year Remodeled:
- 2000
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $1,527,700
- Assd. Val. Imprv:
- $1,784,600
- Assd. Val. Total:
- $3,312,300
- Tax Year:
- 2021
- Monthly Taxes:
- $966
- Home Exempt.:
- --
SCHOOLS:
- Elementary School:
- Ala Wai
- Middle School:
- Washington
- High School:
- Mckinley
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Monday, May 6, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Island Prime Properties LLC