Multifamily

Pearl Harbor Waterfront Apartments

Price

$12,600,000 Fee Simple

Locations
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Overview

Status

Open

Type

Multifamily

Purchase Type:

Fee Simple

Year Built
Area

24720.0 sq ft

Lot size

0.741597796 acres

Zoning
Fact Sheet

Description

36-unit waterfront building overlooking Pearl Harbor.

  • Stable cash flow with additional income from T-mobile antenna license, storage rentals, and coined laundry
  • Renovation of select units were completed in 2020
  • Potential to redevelop the property with increased density under Transit-oriented development (TOD) Plan to modify the current zoning regulations
  • The bike path and historic trails immediately fronting the property will be improved as part of the rail development thereby enhancing the appeal of the property
  • Walking distance to the future Pearlridge Rail Station (currently under construction) to add more regional and urban Honolulu accessibility
  • Rare waterfront property within the TOD Special District
  • Near Pearlridge Center, Hawaii’s largest indoor shopping mall
  • Well-located asset just off major thoroughfare, Kamehameha Highway 

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