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94-246 Aniani Pl 8 Unit Apartment Building $3,242,062 CAD ($405,258 CAD/Unit) 8% Cap Rate Waipahu, HI 96797

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EXECUTIVE SUMMARY

Amazing and unbelievable 8% CAP rate which is unheard of on Oahu! Owner did all the hard work so you can take over a turn key operation. All 8 units have been completely renovated, all units rewired from the meter, new rough in plumbing, new supply lines, descaled sewer line, exterior paint, new fuses including GFCI circuit breakers, new outlets, switches, and light fixtures, rebuilt stairs and rails. You can pay 40%-60% more for a similar building in town but the rents are not proportionally higher so it is a no brainer that there is value in Waipahu!

PROPERTY FACTS

Price $3,242,062 CAD
Price Per Unit $405,258 CAD
Sale Type Investment
Cap Rate 8%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 4,032 SF
Average Occupancy 87%
No. Stories 2
Year Built/Renovated 1961/1965
Parking Ratio 1.98/1,000 SF
Opportunity Zone Yes
Zoning A-2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - -
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37906128

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 94-246 Aniani Pl, Waipahu, HI 96797

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