1525 Liholiho St Honolulu, HI 96822

This exceptional 0.18-acre lot at 1525 Liholiho St, Honolulu, HI 96822 presents a turnkey opportunity for multifamily development. Approved plans, renewed once, are included in the comprehensive due diligence package and allow for the construction of 37 residential units: 17 studios, 15 one-bedroom/one-bathroom units, 5 two-bedroom/two-bathroom units, and 13 parking spaces. The project boasts a projected 80% AMI Pro Forma Gross Income of $1,023,680, benefiting from a 10-year tax exemption. The extensive due diligence package comprises approved building plans (buyer responsible for future renewal), electrical site plan, building renderings (interior and exterior), building permit approvals, sewer connection approval, trenching permit, geotechnical reports, Phase 1 report, survey and ALTA survey, wastewater waiver, and DPP Certification of Affordable Dwellings. The 7,800 square foot lot is ready for immediate development, offering significant potential for investors seeking a high-return multifamily project in a desirable Honolulu location. This is a rare opportunity to acquire a fully permitted and meticulously prepared development site, minimizing pre-construction delays and maximizing return on investment.