1055 Ala Napunani Street, Honolulu, HI 96818
- $11,500,000
- Sold Price
- $11,500,000
- List Price
- $11,000,000
- Status
- CLOSED
- Type
- Multifamily
- MLS#
- 202506287
- Days on Market
- 78
- Closing Date
- May 27, 2025
- Land Area
- 22,494
- Year Built
- 1971
- Property Type
- Residential
- Neighborhood
- Salt Lake
- Land Tenure
- FS - Fee Simple
Property Description
Rare Opportunity –40-Unit Apt Bldg in Salt Lake. Attractive 6 story trophy building to add to your investment portfolio! Building is a solid CMU and concrete structure, offering durability & low maintenance. The property features a keyed elevator for added convenience and ample 49 parking stalls. 100% leased but Rents under market with lots of development potential. 20– one bdrm; 20– two bdrm units. All units large in size w/lanais. Mgmt office on ground floor w/full bathroom. Coin operated laundry facility on each floor. Large storage room on pkg level as well as multiple storage rooms throughout building. Ideally situated near schools, shopping centers, freeway access, & public transportation, ensuring strong tenant demand. Original but maintained property in a high-demand rental market! Sold in Existing AS IS Condition. Buyer to conduct own Due Diligence. Do not disturb tenants, knock on doors nor park on property. Please contact Listor with additional questions. Must sign NDA for financials. Call for Offers Deadline, March 21, 2025, Friday at Noon. PSA must include verification of cash funds &/ Commercial lender preapproval.
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Additional Information
- Island
- Oahu
- Utilities
- Electricity Available, Natural Gas Available, Other, Underground Utilities, Water Available, Sewer Connected
- View
- Mountain(s), Other
- Elementary School
- Moanalua
- Middle School
- Moanalua
- High School
- Moanalua
- Lot Size
- 22,494
- Construction Materials
- Hollow Tile, Concrete
- Neighborhood
- Salt Lake
- Frontage
- Other
- Furnished
- Partially
- Year Built
- 1971
- Sewer
- Connected
- Parking Features
- Assigned, Covered, Open
- Lot Features
- Cleared, Interior Lot, Level
- Amenities
- Management
- Assessed Total
- 5361500
- Water
- Public
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Listing courtesy of Luxury Homes International. Selling Office: List Sotheby's Int'l Realty.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 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.
Contact: (808) 797-3344