House for sale

Honolulu HI 96815

Overview

INCREDIBLE CASHFLOW OPPORTUNITY IN WAIKIKI priced at only $150, 000 per unit. 18 solid concrete renovated units with 18 parking stalls on a total of 12, 914 SF of land in world-famous Waikiki. The property has no trouble staying rented, and Waikiki typically has higher rent appreciation than other neighborhoods due to the year-round global demand. This property is leasehold with 40 years remaining on the ground lease and 15 years of known rent, making it financeable and eligible for a 1031 exchange. Ideal for a buyer looking to achieve a great return on their money for at least the next 40 years. Separately metered for electricity and tenants are billed back for water.

Details

  • Price: $2,700,000
  • Reference No.: 70793050
  • Area: 10,000 sqft

Location

Honolulu HI 96815

House for sale

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2024-04-17, Viewed 0 times.