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1918 Algaroba Street
Honolulu, HI 96826
Asking Price
$2.70M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
Rare Auto Repair Facility For Sale <p>Rare opportunity to acquire a fee simple auto repair property in the highly desirable McCully neighborhood, where automotive uses are increasingly difficult to secure. The Property offers immediate in-place income with a lease expiring in July 2026, providing near-term flexibility for an owner-user or investor to reposition, renew, or redevelop under the flexible BMX-3 zoning.</p><p></p>
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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522
