$2,250,000

2144 Kauhana St

Honolulu HI, 96816

Description

Excellent opportunity to own apartment building with parking and commercial space in Palolo! TWO LOTS: 2144 Kauhana lot is 8 units: 7 ones and 1 permitted comm space (previously a convenience store, now an officesee attachments) on 5,005sf, taxed at B-2 zoned rate (legal, non-conforming). Commercial tenant has options to stay until 2022. All but 1 apartment tenants are MTM. 2141 Palolo lot is vacant lot of 4,875sf taxed at R5 zoned rate, currently used for parking. All units occupied, AND a commercial laundromat across the street (laundry hookups, if you want to install). NOI for the property is ACTUAL with seasoned leases and no vacancy. *encroachment agreementsee attachments

Details

MLS#201926363
Sub-TypeResale
StatusActive
Year1947
Days On Site61

Features

SQ Feet5,416
Units8
Building(s)1

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Area Information

StateHI
CityHonolulu
Zip Code96816
Listing VS Median (in 96816)
Price:
$2,250,000
low | high
Med:
$1,350,000
90% of Average
SqFt:
5,416
low | high
Med:
3,234
90.288035450517% of Average
$ / SqFt:
$415
low | high
Med:
$444
43.123906814501% of Average
On Site:
61
low | high
Med:
88.500000
68.926553672316% of Average
Listing Updated: 11/15/2019
MLS Number: 201926363
Listing Provided By:
Christina L Dwight  of  Commercial Inv. Strategies

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