448 Kaiolu Street

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Address: 448 Kaiolu St, Honolulu, HI 96815, USA
Apartment Buildings
Created date: March 28, 2024
Date last updated: May 24, 2024

• Total Units: 11
• 1 Bedroom Units: 11
• Parking Stalls: 4
• Zoning: X-2
• Year Built: 1953
• Land SQFT: 6,241
• Interior SQFT: 5,258

Portfolio Description

Prize property completely renovated with stellar income in Waikiki. Look no further for a turn-key investment in the heart of Waikiki with excellent walkability scores--shops and restaurants, transportation, and world-famous Waikiki Beach, blocks from this gem. Eleven one-bedroom units meticulously refurbished for maximum rentability and 100% occupied. All units separately metered for electricity and tenants pay their own. Owned coin laundry. Add'l income from parking fee included in rent. Buyer to accept existing survey to be provided in due diligence package with accepted offer.

Portfolio Key Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $ 4,250,000
No. of Units: 11
Cap Rate: 4.90%
Year Built: 1953
Building Size: 5258 Sq ft
Lot Size: 6,241 Sq ft
No. of Stories: 2
Opportunity Zone: No
Price per unit: $386,364
Portfolio Website Click Here
Address: 448 Kaiolu St, Honolulu, HI 96815, USA

FINANCIAL DETAILS

Income/expense info: Actual
Gross income: 252480
Effective Gross income: 252480
Operating expenses: 44048
Net operating income: 208435

Additional contacts

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

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