Address: 1812 Anapuni St, Honolulu, HI 96822, USA
- Stabilized Asset with Consistent Performance
- Recent Capital Expenditures
- Durable CMU Construction
- Minimal Capital Expenditure
- Desirable Makiki Location
- Ample Parking Availability
- Proven Income Producer
- Rooftop PV System
Property Description
1818 Anapuni Apartments, a 23-unit, one and two bedroom, apartment complex located in the highly desirable Makiki neighborhood of Honolulu, Hawaii. The property consists of a total building area of 15,480 square feet situated on a land parcel of approximately 16,207 square feet.
The property is a solid concrete, four-story mid-rise built in 1969, offering 23 residential units and 24 parking stalls. Recent upgrades include a 30-panel solar PV system on the roof and coin-operated laundry facilities. The site is classified as a Class C apartment asset and is zoned A-2 for apartment use. The building’s durable construction, practical amenities, and well-maintained condition ensure stability for investors. The lot is clear, and the property is well positioned within a stable and established upscale market.
This opportunity provides investors with a stabilized asset in a core Honolulu submarket, offering long-term potential supported by both the location’s desirability and the property’s sound physical condition.