1737 Makiki Street, Honolulu, HI 96822
1737 Makiki Street, Honolulu, HI
For Sale
Premium
Multifamily
$3,750,000
Price
4.9%
Cap Rate
$183,714
NOI
Overview
Cap Rate
4.9%
NOI
$183,714
Pro Forma Cap Rate
5.44%
Building Size
6,537 sqft
Lot Area
5,203 sqft
Occupancy
100%
Class
B
Units
9
Average Room Size
726 sqft
Year Built
1959
Zoning
A-2 Medium Density Apartment
Floors
3
Parking Spots
5
Year Last Renovated
2023
Construction Status
completed
CeilingHeight
60
Description
Three blocks from Punahou with brand new interiors and exteriors, all occupied with excellent management, and easy to take over. Lovely, quaint yard with pretty lights for nighttime ambience make this treasure of a building feel like HOME! Average interiors are approximately 726sf, making these units huge compared to other buildings. Tenants pay separately-metered electric, parking, and pet fees. Each bedroom has window AC. Spacious, secure laundry room with owner's locker and separate, rentable tenant storage lockers. City and County trash service. Don't let this opportunity pass you by!
Highlights
- Total Units: 9 Two Bedrooms
- Parking Stalls: 5
- Zoning: A-2
- Year Built: 1959
- Remodeled Year: 2023
- Land SQFT: 5,203
- Interior SQFT: 6,537
Documents
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CIS_Standard_Addendum.pdf
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