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805-809 Kinau St 27 Unit Apartment Building $8,000,000 ($296,296/Unit) 4% Cap Rate Honolulu, HI 96813

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EXECUTIVE SUMMARY

Great timing is often a driver for success, and now is a perfect time to enter the market, as interest rates have dropped and the owner of this solid investment wants to sell. There are other options out there, but if you are looking for less volatility, a hedge against inflation, and a property that has potential to notch up to a 6% cap rate within a year of ownership, 809 Kinau Street could be the secure place to park your money. This property is NOT in a flood zone, so there's no need for expensive flood insurance, which is a nice savings. Please click on the brochure for detailed information about the property.

PROPERTY FACTS

Price $8,000,000
Price Per Unit $296,296
Sale Type Investment
Cap Rate 4%
No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 11,934 SF
No. Stories 3
Year Built 1961
Parking Ratio 1.84/1,000 SF
Zoning A-2 - Apartment-2 zoned (medium density) and Flood Zone X, with no high flood insurance.

AMENITIES

UNIT AMENITIES

  • Balcony
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 27 - 420
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38012373

  • Date on Market: 10/9/2025

  • Last Updated:

  • Address: 805-809 Kinau St, Honolulu, HI 96813

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