Listed by Commercial Investment Strategies
$3,700,000
84-1111 Hana Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,200
Units 17
Cap Rate 5.94%
NOI $219,625
Pro-Forma Cap Rate 6.77%
Pro-Forma NOI $250,468
Year Built 1973
Buildings 1
Lot Size (SqFt) 20,000
Zoning R-5
Multifamily | 17 Units | $217,647/unit
Marketing description
Location, location, location! One block from pristine ocean frontage—don’t miss out on this rare apartment property. Previously run as an historic hotel current use is legal non-conforming. 17 two-bedrooms and huge lot with 20 parking and possible further development potential. Opportunity to value add and raise rents to market hollow tile construction. All tenants pay their own electric and landlord pays water. Pool not in use can be uncovered and used!
Investment highlights
• Total Units: 17
• Unit Type: 17 Two-Bed
• Parking: 20
• Year Built: 1973
• 20,000sqft of Land
• 10,200sqft of Interior
Listing Contacts
Listed by Commercial Investment Strategies
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$219,625.00
$18,302.08/mo
Valuation Metrics
0
DSCR
5.94%
Cap Rate
5.94%
ROI
Map
Zoning
R-5 ResidentialTwo FamilyResidential District
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View all 136 uses
View all 136 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
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