1142 Kinau Street

Subject property is an 18,750 square foot parcel of land (0.43 acres) on the mauka side of Kinau Street between Piikoi and Pensacola Streets. This rectangular shaped lot has a depth of 250 feet with a 75 foot frontage. Situated on this level lot are 6 single story buildings. Four of the structures are 2 bedroom 1 bath units with approximately 588 square feet in size while the other two have a living area of 1,665 square feet and 540 square feet. Three of the 2 bedroom 1 bath units are currently occupied and provide an income of $750 per month. This parcel is conveniently located with supermarkets, schools, eating places and medical offices within a half-mile radius. Net annual income is derived from annual rents received minus the annual real property tax. Property, all improvements and fixtures to be sold in "AS IS" condition.