2014 Fern St - Apartments FOR SALE


Honolulu, HI 96826
$2,988,000 USD
808-429-1098
2014 Fern St, Honolulu, HI for Sale
$2,988,000 USD
Apartments - FOR SALE
1/25
null | 5.65% Cap Rate

2014 Fern St
Honolulu, HI 96826


HIGHLIGHTS

  • • Total Units: 9 8 One-Bed, 1 Three-Bed Units
  • • Parking Stalls: 6 Assigned
  • • Zoning: A-2
  • • Year Built: 1953
  • • Land SQFT: 6,400
  • • Building SQFT: 4,208

OVERVIEW

Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.

FOR SALE DETAILS

PRICE

$2,988,000 USD

PRICE/SF

$710 USD /SF

# OF UNITS

9

PRICE/UNIT

$332,000

CAP RATE

5.65%

% 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

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

A-2

APN/PARCEL ID

1-2-7-002-009-0000

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.