Honolulu 18 Unit Apartment Building

With safe returns hard to find at banks and other places it may be time to reconsider a Honolulu multi-unit apartment building as part of your investment portfolio.  Given the last several years of roughness in the local and national economy, I was surprised to see a number of apartment buildings that offered capitalization rates in the range of 5%! Today’s 18 unit building is centrally located in Palolo and may make a fine place to park your investment dollar.  Here are the details.

Price:  $3,495,000

1-bedroom units:  9

2 bedroom units:  9

Stories:  3

Elevators:  0

Parking stalls: 18

Electricity:  Individual meters

Square feet land: 12,480

Square feet of building:  10,125

http://www.vimeo.com/11119213

CLICK HERE FOR AN MLS FACT SHEET ON THE PROPERTY

If you have any questions, feel free to call me at 808-398-3220.  Another company lists this building for sale and I can fully represent your interests.

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