PRICE IMPROVEMENT! Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development.Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.
MLS 樓盤來自 Hicentral MLS, Ltd. 的多重樓盤上市服務的資料。 Listings last updated on 2025年12月5日.Information is deemed reliable but not guaranteed. 1420 Ward Avenue - listing courtesy Standard Management LLC, (808) 208-8107
於 2025年7月1日售出 $2,050,000 (定價: $2,250,000)
樓盤簡介
PRICE IMPROVEMENT! Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development.Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.
MLS 樓盤來自 Hicentral MLS, Ltd. 的多重樓盤上市服務的資料。 Listings last updated on 2025年12月5日.Information is deemed reliable but not guaranteed. 1420 Ward Avenue - listing courtesy Standard Management LLC, (808) 208-8107
