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809 Kinau St

Urban Honolulu HI 96813

21
11934 sq. ft.
13322 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

New Price – $7,777,000 | Outstanding Value Below Replacement Cost! Offered well below replacement cost, this fee simple apartment property presents an exceptional opportunity to acquire a well-located Honolulu multifamily asset with both stable in-place income and meaningful upside. Investors can benefit from lease-up potential, future rent growth, and the possibility of a condominium conversion, with the property potentially achieving a 6% cap rate within the first year of ownership. Located outside the FEMA flood zone, the property does not require flood insurance, reducing operating expenses and enhancing long-term returns.

Features

21 carspaces
11934 sq. ft. floor area
13322 sq. ft. lot size
Multi-Family

Property history for 809 Kinau St

2011
Sold
$3,500,000
11 Apr 2011 by Adam Lee, of Abe Lee Realty, LLC

Happy sellers in Urban Honolulu

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Local market activity for multi families in Urban Honolulu

In the last 12 months, 6 multi families similar to 809 Kinau St, have been sold.

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