331-333 Hobron Ln | Honolulu, HI 96815
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331-333 Hobron Ln
Honolulu, HI 96815
Hobron Apartments - Leasehold · Multifamily Property For Sale
·
18 Units
Investment Highlights
- 18 all-concrete units with 18 parking stalls
- Renovated units feature granite counters, AC, dishwashers and vinyl hardwood flooring
- In-place net cashflow after ground lease: $220,600!
- New roof in 2023 with warranty
- Secured building with lush landscaping, courtyards, management office and coin op laundry room
- 8.1% cap rate with in-place rents
Property Facts
| No. Units | 18 | Building Size | 25,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1949/2006 |
| Building Class | C | Parking Ratio | 0.72/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | U/X2/13 - APART | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 25,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1949/2006 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | U/X2/13 - APART |
Amenities
Unit Amenities
- Dishwasher
- Ceiling Fans
- Refrigerator
- Oven
- Tub/Shower
- Vinyl Flooring
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 311 |
| 1+1 | 13 | - | 428 |
| 2+1 | 2 | - | 850 |
| 2+2 | 1 | - | 1,000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,627,100 | |
| Land Assessment | $4,478,000 | Total Assessment | $6,105,100 |
Property Taxes
Parcel Numbers
Land Assessment
$4,478,000
Improvements Assessment
$1,627,100
Total Assessment
$6,105,100
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