45-3610 Mamane St, Honokaa, HI 96727-6942
This exceptional investment opportunity in the heart of Honokaa Town presents a substantial multi-unit property comprising two buildings. The front building features four ground-floor commercial units, generating consistent income streams, complemented by four residential units upstairs – two studios and two one-bedroom apartments. The rear building offers a significant residential component, encompassing ten two-bedroom, one-bathroom apartments and two studio apartments, totaling fourteen residential units. This impressive portfolio boasts a proven track record of high occupancy rates over the past five years, with a history of steadily increasing rental income. Ten parking stalls are provided for the rear building's residents, while the front building conveniently utilizes the ample street parking available on Mamane Street. The property is being sold "as-is," and prospective buyers are encouraged to independently verify all information provided. Due to tenant occupancy, access requires a 48-hour notice and scheduled appointment to avoid disturbing residents. This property represents a rare chance to acquire a well-established, income-producing asset in a desirable location. The combination of commercial and residential units provides a diversified income stream and significant potential for future growth.
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Fish And Things LLC Bar & Pub
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flo.w & company Association Or Organization
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Live Aloha Realty Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
3M · Honokaa, HIHonokaa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.