This large 10,000+ sf corner lot has convenient access to public transportation, the freeway, University of Hawaii and local schools. The apartment building has eight 2-bedroom/1-bath units with mostly long-term tenants who have benefited from under-market rents. The majority of tenants are on month-to-month rental. Here’s an opportunity to upgrade units to maximize income. Or rebuild, taking advantage of the City & County’s Bill 7 and Bill 3. Buyers to do their own due diligence regarding these programs and the significant concessions available to builders. Priced at commercial appraisal dated July 10, 2024. Do not disturb tenants or walk on the property without a prior appointment.
BROKER'S OPEN WEDNESDAY, OCTOBER 30, 2024, from 9:30-11:30 a.m.