254 Kaiulani Avenue
$4,900,000
254 Kaʻiulani Avenue, Honolulu, HI 96815
4.45
Cap Rate
227,099
NOI
Details:
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
Description:
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.
Location
Gallery
