Nearby Schools
JeffersonElementary School
WashingtonMiddle School
KaimukiHigh School
Description
Incredible opportunity to acquire the Cooper Apartments in a prime location just off of Kuhio Avenue in Waikiki! The property is FEE SIMPLE and consists of a total of 15 units - a 3-story 11-unit apartment building, and two single-story buildings which each have two cottage units (4 units total) in the heart of Waikiki. The offering includes both TMKs: 1-2-6-21-57, and 1-2-6-21-58 which have a total of 11,248 square feet of APARTMENT zoned land.
The property has a historic feel reminiscent of 1960s Waikiki and even has its own shaded courtyard area and secured parking. The apartment building has stucco construction and large units. Rents are below market which presents an excellent upside opportunity for a buyer. There is also secured parking with 4 covered stalls and another 2+ in a enclosed shed.
NOTE: Income and expenses are PROFORMA - a buyer should conduct its own financial analysis of the property.
Location
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Listing Agent: Clint B Crawford Courtesy of: Standard Management LLC Attribution contact: (808) 208-8107 Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and cannot be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022 by the Honolulu Board of REALTORS. Updated: 27th January, 2023 8:13 PM (UTC)
