715 Piikoi St, Honolulu
Honolulu Home For Sale
18 CMU one-bedroom units near Ala Moana with 29 parking stalls! Proforma 5.6% cap rate at market rents. Average in-place rents are $1,183, far below market, and all tenants are month-to-month. Each unit is approx. 491 SF and in classic condition, allowing an investor the opportunity to add value by renovating units and increasing rents to market rates. The property consists of 18 one-bedroom/one-bathroom CMU units, each with a private lanai, and most with a sink and mauka views. The property has a large covered parking garage with 29 parking stalls and ingress/egress from Piikoi and Alder St. The secured laundry room has 2 landlord-owned coin-operated washers and dryers and has its own bathroom for tenant convenience. There is abundant landlord storage space on-site. Building is separately metered for electricity and boasts mature landscaping. Walking distance to Walmart and Ala Moana Shopping Center.
Property Details
Essential Information
-
- MLS® #:
- 202326083
-
- Price:
- $5,300,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 12,636
-
- Acres:
- 0.20
-
- Year Built:
- 1968
-
- Type:
- Multi-Family
-
- Sub-Type:
- Multi-Family
-
- Status:
- In Escrow – Showing
Community Information
-
- Address:
- 715 Piikoi St
-
- Area:
- Metro
-
- Subdivision:
- ALA MOANA
-
- City:
- Honolulu
-
- State:
- HI
-
- Zip Code:
- 96816
Amenities
-
- Amenities:
- None
-
- Utilities:
- Overhead Electricity, Public Water, Sewer Fee, Water
-
- Parking Spaces:
- 29
-
- Parking:
- Assigned, Covered
-
- View:
- Mountain, Other
Interior
-
- Stories:
- Three
Exterior
-
- Lot Description:
- Other
-
- Construction:
- Concrete, Hollow Tile, Slab
School Information
-
- Elementary:
- Kaahumanu
-
- Middle:
- Washington
-
- High:
- Mckinley
Additional Information
-
- Date Listed:
- November 28th, 2023
-
- Days on Market:
- 170
Listing Details
-
- Listing Office:
- Standard Management LLC
Price Change History for 715 Piikoi St, Honolulu, HI (MLS® #202326083)
| Date | Details | Price | Change |
|---|---|---|---|
| In Escrow – Showing | – | – | |
| Active | – | – | |
| In Escrow – Showing (from Active) | – | – |
Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on May 17th, 2024 at 2:48am PDT. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.
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