287 Wai Nani Way, Honolulu, HI 96815

$5,280,000
List Price
$5,280,000
Days on Market
38
MLS#
202324401
Status
ACTIVE
Type
Commercial
Building
Na
Sq Ft Total
7300
Land Tenure
FS - Fee Simple
Neighborhood
Waikiki

Property Description

Trophy Property located on a non-through street blocks from famous Waikiki Beach, this beautiful building is a quiet neighborhood oasis. All units have nice lanai/balcony space for tradewind breezes and lots of natural light. New paint and brand new roof with warranty means excellent income and fantastic return! All but 1 unit has been renovated, and all covered parking spaces--all units occupied at market rents, so easy to 'plug and play' with your own management team. Tenants pay separately metered electricity, AND water, so your monthly expenses are WAY lower than normal. Nice, covered laundry area w machines leased by WASH; agreement expires 6/2024.

Additional Information

Zoning
X2 - Apartment Precinct
Lot Size
5,760
Frontage
Other
Sewer
Connected
Year Built
1963

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies.

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Contact: (808) 429-1098