| SOLD MLS: 201720523 Asking Price: $1,380,000 FS - Fee Simple Sold Price: $1,385,000 Sold Date: 12/29/2017 Type: Multi-Family District: Metro Address: 730 Piikoi Street, Honolulu, HI Neighborhood: Kakaako Land Area: 4,796 SF Parking: Assigned Days on Market: 3307 Year Built: 1942 Zoning: KA - State jurisdiction, refer Land Recorded: Land Court Property Taxes: $314 Assessed Value: $1,075,600,.00 Assessed Ratio: 128.3% Listing Courtesy: Commercial Inv. Strategies | Google Map County Records Print Version |
Cash Cow. This property, located directly across the street from Honolulu Sheridan Community Park, and just down the street from Ala Moana Shopping Center, makes almost $9,000 a month with existing, in place leases. An excellent future development opportunity due to its Kakaako special district designation, bring your long-term plan while your short term investment produces an extremely attractive 5.3% cap rate return. Some units are below market, making this buy a no-brainer.
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