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1313 Ahiahi St 8 Unit Apartment Building $1,950,000 ($243,750/Unit) 5.15% Cap Rate Honolulu, HI 96817
Investment Highlights
- Total Units: 8, One-Beds
- Parking: 6
- Year Built: 1964
- Interior SQFT: 3,224
- Zoning: R-5
- Land SQFT: 5,000
Executive Summary
Great return on a perfect starter building! All hollow tile, renovated two story walk up with new floors, kitchens, countertops, appliances, bathroom fixtures, and showers. Newly spall repair and paint in super desirable location between Kuakini Hospital and Kamehameha Shopping Center. Opportunity to add coin laundry for more income and raise rents to market rates. Don't miss out on this investment gem! Buyer to accept survey.
Property Facts
| Price | $1,950,000 | Building Class | C |
| Price Per Unit | $243,750 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 5,224 SF |
| Cap Rate | 5.15% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.15/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-5 - Residential District | ||
| Price | $1,950,000 |
| Price Per Unit | $243,750 |
| Sale Type | Investment |
| Cap Rate | 5.15% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,224 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2024 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R-5 - Residential District |
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Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1-1-6-015-013-0000 | Improvements Assessment | $324,600 |
| Land Assessment | $725,000 | Total Assessment | $1,049,600 |
Property Taxes
Parcel Number
1-1-6-015-013-0000
Land Assessment
$725,000
Improvements Assessment
$324,600
Total Assessment
$1,049,600
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1313 Ahiahi St
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