287 Wai Nani Way

Address: 287 Wai Nani Way, Honolulu, HI 96815, USA

Apartment Buildings

Created date: October 26, 2023

Date last updated: December 16, 2024

• Total Units: 13
1 Bedroom Units: 4
2 Bedroom Units: 9
• Parking Stalls: 5
• Zoning: X2 – Apartment Precinct

• Year Built: 1963
• Year Remodeled: 2022
• Land SQFT: 5,760
• Building SQFT: 7,300

Portfolio Description

Trophy Property located on a non-through street blocks from famous Waikiki Beach, this beautiful building is a quiet neighborhood oasis. All units have nice lanai/balcony space for tradewind breezes and lots of natural light. New paint and brand new roof with warranty means excellent income and fantastic return! All units have been renovated, and all parking is covered. 100% occupied at market rents, so easy to 'plug and play' with your own management team. Tenants pay separately metered electricity, AND water, so your monthly expenses are WAY lower than normal. Nice, covered laundry area w machines leased by WASH; agreement expires 6/2024.

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Broker Details

Christina Dwight Christina Dwight

8084291098

Portfolio Key Information

Listing Status:	Unavailable
Listing Type:	Highest & best offer
Property Types:	Apartment Buildings
Price:	$ 5,150,000
No. of Units:	13
Cap Rate:	5.73%
Year Built:	1963
Building Size:	7,300 Sq ft
Lot Size:	5,760 Sq ft
No. of Stories:	1
Opportunity Zone:	Yes
Price per unit:	$396,154
Portfolio Website	Click Here