Listing Courtesy Of:
Luxury Homes International, (808) 797-3344, Sharon Au
Local Realty Services Provided By:
Keller Williams Honolulu
Overview
What It'll Cost
Neighborhood
Similar Homes
$11,000,000
1055 Ala Napunani Street, Honolulu, HI 96818
34,312
sq ft
.52
ac
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$11,000,000
1055 Ala Napunani Street, Honolulu, HI 96818
Estimation provided by Keller Williams Realty Inc.
34,312
sq ft
.52
ac
Active Under Contract
For Sale
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.
Assessed Value is a combination of the land and additions.
2023
$18,734
(+3.9%)
$5,361,500
Land 3,061,900 +
Additions 2,299,600
2022
$18,031
(-0.41%)
$5,352,600
Land 3,061,900 +
Additions 2,290,700
2021
$18,104
(-5.16%)
$5,172,600
Land 2,843,200 +
Additions 2,329,400
2019
$19,089
(+2.87%)
$5,402,500
Land 2,974,400 +
Additions 2,428,100
2018
$18,557
(+2.26%)
$5,454,100
Land 2,974,400 +
Additions 2,479,700
2017
$18,146
$5,301,900
Land 2,843,200 +
Additions 2,458,700
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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