Property Summary • Address: 1415 Kinau Street, Honolulu • TMK: 1-2-4-10-11 • Rental Units: 7 1BR/1BA, 2 studios with in-unit bathrooms, 13 studios with shared common facilities • Parking: 4 Stalls • Zoning: BMX-3 but currently taxed as residential • Land Area: 8,334 sf • Building Area: 6,667 sf • Buildings: one 2-story concrete building and one 2-story wood building Investment Summary • Asking Price: $3,500,000 • 22 rental units • In Place NOI: $156,502.15 Cap: 4.47% • Proforma NOI: $169,176 Cap: 4.8% Investment Opportunity • Prime urban multi-family location within walking distance of grocery, medical, restaurants, parks • Close to UH, Ala Moana, Waikiki and major urban employers • Opportunity to increase rents • Bill 7 redevelopment potential • Most units have been upgraded • Common areas have been upgraded