331 & 333 Hobron Lane Honolulu Oahu 96815
331 & 333 Hobron Lane Honolulu Oahu 96815
331 & 333 Hobron Lane, Honolulu, HI, 96815Basics
- Date added: Added 7 months ago
- Category: Multi-Family
- Type: Multi-Family
- Status: Active
- Area: 10000 sq ft
- Lot size: 6500.00, 2024-09-30T09:20:38.173 sq ft
- Year built: 1949
- MLS ID: 202408267
- Zoning: X2 - Apartment Precinct
- List Office Name: Standard Management LLC
- View: Sunset
Description
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Description:
INCREDIBLE CASHFLOW OPPORTUNITY IN WAIKIKI priced at only $150,000 per unit. 18 solid concrete renovated units with 18 parking stalls on a total of 12,914 SF of land in world-famous Waikiki. The property has no trouble staying rented, and Waikiki typically has higher rent appreciation than other neighborhoods due to the year-round global demand. This property is leasehold with 40 years remaining on the ground lease and 15 years of known rent, making it financeable and eligible for a 1031 exchange. Ideal for a buyer looking to achieve a great return on their money for at least the next 40 years. Separately metered for electricity and tenants are billed back for water.
Location
- CountyOrParish: Oahu
- Neighborhoods: WAIKIKI
Building Details
- Exterior material: Concrete
- Roof: Custom/Specialty
- Parking: Assigned
- Year Remodeled: 1990
Amenities & Features
- Parking Total: 18
- Pets Allowed: No
- Amenities:
- Features: