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Executive Summary

Income-producing 6-unit apartment property in the heart of Wailuku with projected annual NOI of $106,800. Consisting of two separate buildings, the property offers a unit mix of three 1-bedroom units and three 3-bedroom units, all currently tenant-occupied, delivering stable in-place income with value-add potential.
Most units were updated between 2020 and 2025, supporting tenant appeal while helping limit near-term capital improvement needs. Additional income is generated through coin-operated laundry, and the property includes one parking stall per unit, along with a bike rack and shared barbecue area.
The low-maintenance grounds, practical layout, and central Wailuku location near shops, restaurants, services, and cultural amenities make this an attractive multi-family investment opportunity. Select units enjoy mountain and ocean views.
Please do not disturb tenants. Call to discuss details.

Property Facts

Price $2,496,091 CAD
Price Per Unit $416,015 CAD
Sale Type Investment
Cap Rate 5.95%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,769 SF
Average Occupancy 100%
No. Stories 2
Year Built 1942
Parking Ratio 1.59/1,000 SF
Opportunity Zone Yes
Zoning B-2
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
2-3-4-012-042-0000
Land Assessment
$597,389 CAD
Improvements Assessment
$318,264 CAD
Total Assessment
$915,653 CAD
  • Listing ID: 39963701

  • Date on Market: 2026-03-30

  • Last Updated:

  • Address: 63 Wailani St, Wailuku, HI 96793

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