1737 Makiki Street

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Address: 1737 Makiki St, Honolulu, Hawaii 96822, United States
Apartment Buildings
Created date: June 28, 2024
Date last updated: August 13, 2024

• Total Units: 9 Two Bedrooms
• Parking Stalls: 5
• Zoning: A-2
• Year Built: 1959
• Remodeled Year: 2023
• Land SQFT: 5,203
• Interior SQFT: 6,537

Portfolio Description

Three blocks from Punahou with brand new interiors and exteriors, all occupied with excellent management, and easy to take over. Lovely, quaint yard with pretty lights for nighttime ambience make this treasure of a building feel like HOME! Average interiors are approximately 726sf, making these units huge compared to other buildings. Tenants pay separately-metered electric, parking, and pet fees. Spacious, secure laundry room with owner’s locker and separate, rentable tenant storage lockers. City and County trash service. Don’t let this opportunity pass you by!

Portfolio Key Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $ 3,600,000
No. of Units: 9
Cap Rate: 5.10%
Year Built: 1959
Building Size: 6537 Sq ft
Lot Size: 5,203 Sq ft
No. of Stories: 3
Opportunity Zone: Yes
Price per unit: $400,000
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Address: 1737 Makiki St, Honolulu, Hawaii 96822, United States

FINANCIAL DETAILS

Income/expense info: Actual
Financial year: 2023
Effective Gross income: 239959
Operating expenses: 56245
Net operating income: 183714

Additional contacts

Full name Phone number Email address
Christina L Dwight 8084291098 [email protected]

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