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- LoopNet Team
1055 Ala Napunani St
Honolulu, HI 96818
Hale Koe Apartments · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Great location in Salt Lake, near freeway entry, public transportation, schools, shopping center and dining
- Assigned parking stalls - 49 total
- Solid and well maintained 7 story, CMU and concrete structure
Executive Summary
In Escrow – 40-Unit Apartment Building in Salt Lake. Attractive 6 story trophy building to add to your investment portfolio! Building is a solid CMU and concrete structure, offering durability & low maintenance. The property features a keyed elevator for added convenience and ample 49 parking stalls. 100% leased but Rents under market with lots of development potential. 20– one bedroom ; 20– two bedroom units. All units large in size w/lanais. Management office on ground floor w/full bathroom. Coin operated laundry facility on each floor. Large storage room on pkg level as well as multiple storage rooms throughout building. Ideally situated near schools, shopping centers, freeway access, & public transportation, ensuring strong tenant demand. Original but maintained property in a high-demand rental market! Sold in Existing AS IS Condition. Buyer to conduct own Due Diligence. Do not disturb tenants, knock on doors nor park on property. Please contact Lister with additional questions. Must sign NDA for financials. Call for Offers Deadline, March 21, 2025, Friday at Noon. PSA must have verification of cash funds/ Commercial lender preapproval.
Property Facts
| No. Units | 40 | Building Size | 34,312 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 1971 |
| Building Class | B | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.52 AC | APN / Parcel ID | 1-1-1-062-047-0000 |
| Zoning | A-2 - A-2 Medium density apartment | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 34,312 SF |
| Average Occupancy | 100% |
| No. Stories | 7 |
| Year Built | 1971 |
| Parking Ratio | 1.43/1,000 SF |
| APN / Parcel ID | 1-1-1-062-047-0000 |
| Zoning | A-2 - A-2 Medium density apartment |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Oven
- Range
- Tub/Shower
- Pantry
Site Amenities
- Laundry Facilities
- Car Wash Area
- Trash Pickup - Curbside
- Elevator
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | - |
| 2+1 | 20 | - | - |
