1463 Lusitana Street, Honolulu, HI, 96813
1463 Lusitana StreetHonolulu, HI 96813




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$36,49920-UNIT RENOVATED APARTMENT BUILDING FOR SALE! 20-unit, renovated CMU apartment building with 20 covered and secured parking stalls, just outside downtown Honolulu. The property is 100% occupied and provides high, stable cash flow due to upgraded units, a secured building, and a convenient location. Fantastic unit mix of (18) 2-bedroom units with lanais and (2) 1-bedroom units, each with a private, secured entrance and front lanai. The entire property is fenced and gated, with keyed security doors and a roll-up gate on the parking garage. Landlord-owned, coin-operated laundry and a leased roof antenna for additional income. In addition to exterior renovations, including landscaping and a roof re-coating, unit interiors were upgraded with luxury finishes, including new paint, LVT flooring, cabinets, counters, appliances, and light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, renovated, and stable building in town. Proforma 4.77% cap!
3 weeks ago | Price changed to $8,000,000 | |
3 weeks ago | Listing updated with changes from the MLS® | |
6 months ago | Status changed to Active | |
6 months ago | Listing first seen on site |
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2017-present by HiCentral MLS, Ltd.
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