Located in the Heart of Honolulu this multi-unit property is a great investment for an Owner Operator Business or Apartment Investor that is interested in owning an IMX Zoned building. Cap rate at 6%. There are 8 units consisting of (4) two bedroom units, (2) Studio units, and (2) One bedroom units. This is a 1031 Exchange and the tax records may not reflect 6 units. Sold strictly "As Is" and is fully tenant occupied, so showings may be limited. Rents are between $1100 to $1400 to long term tenants but most are on Month to Month agreements. Entry and exit from both Stanley and Bannister streets are possible to get to the property. Great strategic location and freeway access in either direction.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
