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.
Pacific Business News