1909 Kahakai Drive
Honolulu, HI 96814

Listing
Overview

Price: $8,495,000
Area: ALA MOANA
Status: Sold

Over 4.5% CAP RATE !!! Next to Hawaii Convention Center & entrance to Waikiki. Rents are below market which provides lucky investor an opportunity to greatly increase cash flow. Bldg 100% occupied, currently zero vacancies. Great revenue-earning property for investment. All concrete building-super quiet for tenants, well-kept exterior and landscaping, excellent condition. 33-unit building has 15 rentable stalls for parking. Units individually metered for electricity. Laundry facility conveniently in building. Highly desirable rental units due to central location. Across the street from Ala Moana Shopping Center. Short walk to stores, grocery, beaches and bus stops. Bike/Walk friendly area.

  • Land Area (sf): 11,728
  • Living (sf): 10,458
  • Year Built: 1951

  • Property Condition: Excellent
  • Number of Parking Spaces: 15
  • Number of Stories: Three
  • View: City
  • Listing Office: Island Prime Properties LLC

  • Land Tenure: FS - Fee Simple

  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Mckinley

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

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