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Honolulu serves as the primary economic and cultural hub of Hawaii, characterized by a dense urban environment and consistent demand for rental housing. This multifamily apartment building sits in the 96819 zip code area, providing proximity to major transit routes and local services in this high-barrier-to-entry market. Investors often seek properties in this region due to the sustained population density and the stable nature of the island economy. The asset consists of six residential units, offering a straightforward acquisition for portfolios seeking income-generating real estate in a major metropolitan center. With an asking price of $1,200,000, this property operates at a 6.34% cap rate. The layout and unit count allow for efficient property management and tenant turnover in a competitive rental climate. This building represents a functional addition for operators focusing on established multifamily assets within the Hawaiian capital.
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