EXCELLENT OWNER OCCUPANT OPPORTUNITY
458 Manawai Street Unit #307
Kapolei, HI
The Offering
Property Summary
- Asking Price $575,000
-
Address
458 Manawai St, Unit #307
Kapolei, HI 96707 - 2024 Base Rent $37,448.04 NNN (Tenant Responsible for Expenses)
- Cap Rate 6.1% Based on Base Rent
- Tax Map Key (1) 9-1-160: 58, CPR No. 15
- Tenure Fee Simple
- Building Size 456 SF
- Year Built 2016
- Zoning AMX-2, Apartment Mixed Use, Medium-Density
- Parking 3 Reserved Stalls
Overview
Investment Highlights
WELL-MAINTAINED PROPERTY - The building was recently constructed in 2016, providing for low maintenance and oversight.
INCENTIVES & BENEFITS - A buyer may qualify for potential tax benefits due to the property being located within an Enterprise Zone.
IDEAL LOCATION SERVICING THE LOCAL NEIGHBORHOOD - The site is located across the street from the Mehana Activity Center (MAC), next to Mehana Neighborhood Park, with over 23,935 cars passing by the property daily.
ESTABLISHED MASTER-PLANNED COMMUNITY - The property is located within Mehana at Kapolei, a 1,100-home live/work/play mixed-use community in Oahu’s “Second City” of Kapolei. Mehana is a pedestrian friendly neighborhood with a 1-mile-long biking path
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