1146 Elm St - Apartments FOR SALE


Honolulu, HI 96814
$1,750,000 USD
808-429-1098
1146 Elm St, Honolulu, HI for Sale
$1,750,000 USD
Apartments - FOR SALE
1/26
null | 5.53% Cap Rate

1146 Elm St
Honolulu, HI 96814


HIGHLIGHTS

  • Kaka`ako Special District
  • Stable Tenant Pool, Desirable Location
  • Redevelopment/ Value Add Opportunity

OVERVIEW

Prime corner lot in the Kaka`ako Special District on main artery, blocks from Ala Moana Center with 6 units: 1 three, 3 twos, 2 ones. Currently used by a non-profit that is expanding, so property taxes are super low. All income and expenses are pro forma, and Seller may wish to lease back the property while they find a new home. Request flyer for pro forma income/expenses, rental comparable analysis, and sales comps, along with more property information. Nice layout with existing laundry facilities can easily be converted to coin machines for more income. All units separately metered for electric, multiple gas meters, one water meter.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$556 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,667

CAP RATE

5.53%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,924 SF

ZONING

KA

APN/PARCEL ID

1-2-3-011-021-0000

ASK ABOUT THIS PROPERTY

Christina Low DwightCommercial Investment Strategies LLCMore Info
808-429-1098

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Christina Low DwightCommercial Investment Strategies LLCMore Info
808-429-1098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.