810-814 Green St 17 Unit Block of Flats £3,248,491 (£191,088/Unit) 5.37% Net Initial Yield Honolulu, HI 96813

INVESTMENT HIGHLIGHTS

  • 13 One-Bed, 3 Two-Bed, 1 Studio
  • 9,566sf of Interior
  • 7,667sf of Land
  • 8 Covered Parking

EXECUTIVE SUMMARY

MORE THAN MEETS THE EYE: Three structures: Front hollow tile bldg: 8 units (6 ones, 2 twos), back bldgs are hollow tile 1st floor, wood 2nd floor. Left back bldg: 5 units (1 two, 3 ones, 1 studio) right back bldg: 4 units (ones). Prime location off Ward Ave close to freeway in all directions w/ easy access to Kaka`ako, Ala Moana, & downtown. Excellent return on actuals with seasoned, proven tenant pool in established, desirable area. Separate, secure laundry room & owned, coin-operated machines. All units separately metered for electric, LL pays common electric, water, and gas. All covered parking. Large secured additional room with camera surveillance and storage for owner--or re-imagine to rent out for additional income. Nice, bigger A2 lot with peaceful inner shared courtyard/ common area.

PROPERTY FACTS

Price £3,248,491
Price Per Unit £191,088
Sale Type Investment
Net Initial Yield 5.37%
Sale Condition 1031 Exchange
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 9,566 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1961
Parking Ratio 0.84/1,000 SF

SITE AMENITIES

  • Courtyard
  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS Avg. Rent.Mo SF
Studios 1 - -
1+1 13 - -
2+1 3 - -
Walk Score®
Very Walkable (78)
Transit Score®
Excellent Transit (76)

ZONING

Zoning Code A-2 (Medium Density Apartment)
  • Listing ID: 34149639

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 810-814 Green St, Honolulu, HI 96813