Description
Income-producing 6-unit apartment property in the heart of Wailuku with projected annual NOI of $106,800. Consisting of two separate buildings, the property offers a unit mix of three 1-bedroom units and three 3-bedroom units, all currently tenant-occupied, delivering stable in-place income with value-add potential. Most units were updated between 2020 and 2025, supporting tenant appeal while helping limit near-term capital improvement needs. Additional income is generated through coin-operated laundry, and the property includes one parking stall per unit, along with a bike rack and shared barbecue area. The low-maintenance grounds, practical layout, and central Wailuku location near shops, restaurants, services, and cultural amenities make this an attractive multi-family investment opportunity. Select units enjoy mountain and ocean views. Please do not disturb the tenants.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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3,769SQFT
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$425$/SQFT
School Ratings & Info
Description
Income-producing 6-unit apartment property in the heart of Wailuku with projected annual NOI of $106,800. Consisting of two separate buildings, the property offers a unit mix of three 1-bedroom units and three 3-bedroom units, all currently tenant-occupied, delivering stable in-place income with value-add potential. Most units were updated between 2020 and 2025, supporting tenant appeal while helping limit near-term capital improvement needs. Additional income is generated through coin-operated laundry, and the property includes one parking stall per unit, along with a bike rack and shared barbecue area. The low-maintenance grounds, practical layout, and central Wailuku location near shops, restaurants, services, and cultural amenities make this an attractive multi-family investment opportunity. Select units enjoy mountain and ocean views. Please do not disturb the tenants.