250 Kapili St Honolulu, HI 96815
- Apartment buildings
- 9,004 SF
- 0.08 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 250 Kapili St
- Year built
- 1961
- Lot size
- 0.08 lot acres
- Property size
- 9,004 SF
- Property type
- Apartment buildings
Description
This exceptional Waikiki investment property boasts 9,004 square feet of interior space within a secure 12-unit building situated on a 0.08-acre corner lot. The building comprises six studios, six one-bedroom units, and a ground-floor office equipped with monitors. Eight covered parking spaces are available, along with a secure electrical room. Building amenities include a keyed lobby, stairs, an elevator, and a fire standpipe. Each unit features separately metered electricity, while a single water meter services the entire building. The solid concrete construction ensures durability and longevity. The property benefits from a one-way access road, minimizing through traffic and enhancing security. A secure laundry room generates additional monthly income of $62.83 through leased machines. Significant income potential exists through market-rate adjustments for all units, parking spaces (all eight are included), and four available storage areas. The property's location in Waikiki offers exceptional potential for strong rental returns and capital appreciation. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Oahu
- State
- Hawaii
- Longitude
- -157.8222
- Latitude
- 21.2772
