Honolulu HI Multi Family for Sale
$4,000,000
437 Namahana Street Honolulu, HI 96815
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 202415757
- Subdivision:
- Waikiki
ADDITIONAL INFORMATION
Fee simple, 12-unit apartment building with 6 parking stalls and coin operated laundry on-site. All tenants on month-to-month leases at an average rent of $1,250, which is low for a nice, one bedroom unit in Waikiki. This prime building recently returned to the ground lessor. Take a look at the photos of each pleasant unit to see the condition – they are all 1 bedroom / 1 bathroom units. The entire property is secured around the perimeter with a gate and there is a separate, gated-off strip of land in the back which could become a garden, outdoor common area, or bark park for pets. This property offers significant value-add opportunities. By adjusting rents to market rates, investors can maximize returns and enhance the property’s overall value.
$2,700,000
331 & 333 Hobron Lane Honolulu, HI 96815
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- 202408267
- Subdivision:
- Waikiki
ADDITIONAL INFORMATION
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.
Honolulu Real Estate
The median home value in Honolulu, HI is $772,840. This is lower than the county median home value of $858,400. The national median home value is $338,100. The average price of homes sold in Honolulu, HI is $772,840. Approximately 40.48% of Honolulu homes are owned, compared to 46.38% rented, while 13.14% are vacant. Honolulu real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Honolulu real estate agent to arrange a tour today!
Honolulu, Hawaii 96815 has a population of 368,351. Honolulu 96815 is less family-centric than the surrounding county with 27.69% of the households containing married families with children. The county average for households married with children is 32.25%.
The median household income in Honolulu, Hawaii 96815 is $78,425. The median household income for the surrounding county is $92,600 compared to the national median of $69,021. The median age of people living in Honolulu 96815 is 38.4 years.
Honolulu Weather
The average high temperature in July is 85.36 degrees, with an average low temperature in January of 65.49 degrees. The average rainfall is approximately 46.22 inches per year, with 0 inches of snow per year.