208 Kapuni Street, Honolulu, HI 96815

$4,000,000
List Price
$4,000,000
Status
ACTIVE
Type
Multifamily
MLS#
202001740
Days on Market
195
Land Area
4,531
Year Built
1930
Neighborhood
Waikiki
Land Tenure
FS - Fee Simple

Property Description

5% cap rate on premium Waikiki Kuhio corner location. Less then two blocks from Waikiki Beach and the Hyatt Regency Hotel. Excellent opportunity to own this rarely available Waikiki property. Four 256 sqft studios which can be lived in or rented for commercial space for businesses, food trucks or other in the heart of Waikiki! This prime corner location is where Kuhio Ave meets Kapuni St, near starred hotels, popular restaurants and shops. Property offers 4 legally permitted units with separate meters. Zoning allows for a 4 story mixed use building which would greatly increase the monthly income. Property currently is fully occupied - 2 studio rental units, a permitted commercial kitchen for Hula Dog & Habibi Taste food trucks, Diamond Head Mopeds and Thai Ice Cream Roll food stand.

Additional Information

Stories Type
One
Utilities
Cable, Gas, Public Water, Water
View
None
Easements
None
Parking Total
8
Sqft Building
1024
Lot Size
4,531
Construction Materials
Single Wall, Wood Frame
Mls Area Major
Metro
Neighborhood
Waikiki
Studio Units Number Of
4
Year Built
1930
Tax Amount
$444
Total Income
194400
Sewer
Connected
Roof
Asphalt Shingle
Recreation Facilities
None
Parking Features
Open
Lot Features
Clear
Amenities
None
Total Annual Operating Expenses
25197

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hawaii Homes International.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.