254 Kaiulani Ave - Apartments FOR SALE


Honolulu, HI 96815- Waikiki
$4,900,000 USD
808-429-1098
254 Kaiulani Ave, Honolulu, HI for Sale
$4,900,000 USD
Apartments - FOR SALE
1/25
null | 4.63% Cap Rate

254 Kaiulani Ave
Honolulu, HI 96815
Waikiki


HIGHLIGHTS

  • Total Units: 15 -- 14 One-Bed, 1 Three-Bed
  • Parking: 4
  • Zoning: X2-Apartment Precinct
  • Year Built: 1960
  • Land SQFT: 4,505 & Interior SQFT: 6,792

OVERVIEW

Charming building with timeless, stunning tile facade in the heart of Waikiki--a sparkling jewel to add to your portfolio with excellent income and covered parking. All units are separately metered for electric, one water meter, hollow tile construction, and nice, spacious units, each with its own patio/balcony. Huge 3 bed, 2 bath Penthouse and 14 one-bedrooms, and 260' height limit, should you want to redevelop. Refurbished railings and all interiors have been redone with high end, durable tile and upgraded bathrooms and kitchens. Camera security. Monthly rent from parking and coin laundry with machines leased from WASH = extra income. Buyer to accept existing survey performed by Towill, Shigeoka & Associates Inc. on December 18, 2021.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$773 USD /SF

# OF UNITS

15

PRICE/UNIT

$326,667

CAP RATE

4.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Darlani Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,505 SF

ZONING

X2

APN/PARCEL ID

1-2-6-021-014-0000

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.