Log In/Sign Up
Your email has been sent.
805-809 Kinau St 27 Unit Apartment Building $10,941,600 CAD ($405,244 CAD/Unit) 4.17% Cap Rate Honolulu, HI 96813
Executive Summary
Great timing is often a driver of success, and now is a perfect time to enter the market, as interest rates have dropped and the owner of this solid investment is looking to sell. This property is priced well below replacement cost, offers less volatility than other investments, serves as a hedge against inflation, and may offer a future condo conversion. It has the potential to achieve a 6% cap rate within a year of ownership. 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 | $10,941,600 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $405,244 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 4.17% | Building Size | 11,934 SF |
| No. Units | 27 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 1.84/1,000 SF |
| Zoning | A-2 - Apartment-2 zoned (medium density) and Flood Zone X, with no high flood insurance. | ||
| Price | $10,941,600 CAD |
| Price Per Unit | $405,244 CAD |
| Sale Type | Investment |
| Cap Rate | 4.17% |
| 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 |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1-2-1-041-014-0000 | Improvements Assessment | $1,646,329 CAD |
| Land Assessment | $3,388,147 CAD | Total Assessment | $5,034,476 CAD |
Property Taxes
Parcel Number
1-2-1-041-014-0000
Land Assessment
$3,388,147 CAD
Improvements Assessment
$1,646,329 CAD
Total Assessment
$5,034,476 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
805-809 Kinau St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.