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Honolulu apartment complex on the market for $4.25M

November 13, 2015 By Mark G. Howard Leave a Comment

A Honolulu apartment building is on the market for $4.25 million, the broker handling the sale confirmed to PBN.

Located at 1479 Thurston Ave. in Makiki, the four-story, 12,596-square-foot apartment complex, on a 7,930-square-foot parcel, includes 14 units and 16 parking stalls.

The property, which is 100 percent occupied, includes 13 one-bedroom/one-bathroom units on three levels and one three-bedroom penthouse unit located on the fourth floor.

The property is being marketed as being in strong demand when considering that there is a limited supply of rental units in the area.

The total assessed value of the property is about $2.3 million, according to tax records.

Duane Shimogawa
Reporter
Pacific Business News

Filed Under: Blog, Featured Blog Tagged With: Makiki, multi-family

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