850 Lokahi Street

850 Lokahi Street, Honolulu, HI

$2,300,000

Price

5.4%

Pro Forma Cap Rate

5,760 sqft

Building Size

Gallery
Street
Map
Overview
Pro Forma Cap Rate
5.4%
Building Size
5,760 sqft
Lot Area
5,104 sqft
Units
7
Year Built
1968
Zoning
A-2
Floors
3
Parking Spots
7
Roof
Other
CeilingHeight
150
Description

Back on Market and ready to sell, Never been in escrow! RARE FIND with GREAT BONES! Huge Two-Bedrooms with stellar, central location and desirable construction. One-to-one parking! All units have washer/dryer hookup with opportunity to add coin laundry for more income. 5 of 7 units vacant, so pro forma rents are provided in the property info package (see Agent remarks) = you can easily ‘manage up’ this beautiful building and reposition it to gain excellent cash flow. Some deferred maintenance, property to be sold As Is, Where Is.

Highlights
  • • Total Units: 7 2 Bedroom Units
  • • Parking Stalls: 7
  • • Zoning: A-2
  • • Year Built: 1968
  • • Land SQFT: 5,104
  • • Interior SQFT: 5,760
Documents
Title
CIS_Standard_Addendum.pdf
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Location
Gallery