Properties

Property Description

Prime investment opportunity – proforma 5.6% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development. rnrnPlease do not go on the property without the listing agent. Sale is subject to 1031 exchange.

Features
1957
: Coastline
: Other, Asphalt Shingle
Ceramic Tile,vinyl,w/w Carpet
SMGT
: Assigned, Covered
5
Address Map
Country 国 : US
State 州 : HI
County 郡 : Oahu
City 郡 : Honolulu
Zipcode 郵便番号 : 96822
Ward
1420
Avenue
PUNCHBOWL-LOWER
9
1-2-1-039-036-0000
S
MLS Addon
Standard Management LLC
: Call Listor
0
Royal
1
Roosevelt
Fs - Fee Simple
44598
: Other
Stevenson
: Subject To Repl. Property
$2,024
: Overhead Electricity, Water, Sewer Fee
: 12 - A-2 Medium Density Apartme
Metro
0 Sqft
0 Sqft
0 Sqft
Average
0
$412
$1,412,600
$281,500
$1,131,100
: Concrete, Wood Frame, Hollow Tile

Multi-family For Sale

1420 Ward Avenue, Honolulu, Hawaii 96822

0 Bedrooms
4,386 Sqft
$2,500,000
Listing ID #202421951
Basic Detail詳細
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 202421951
Price : $2,500,000
Bedrooms : 0
Square Footage : 4,386 Sqft
Lot Area : 5,515 Sqft
Property Sub Type : Multi-family
Status : Active
Contact 物件お問合せ(日本語でどうぞ)
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2024/10/30. Information is deemed reliable but not guaranteed. Copyright: 2021 by HiCentral MLS, Ltd.