

Listed by Commercial Investment Strategies
$1,200,000
2135 Bannister Place
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,500
Units 6
Cap Rate 6.34%
NOI $76,060
Occupancy 100%
Price per SqFt $343
Year Built 1960
Buildings 1
Stories 2
Zoning IMX -1
Parking Spaces per unit
Multifamily | 6 Units | $200,000/unit
Marketing description
Rare find! IMX gem--Solid building conveniently located minutes from Downtown Honolulu at the end of a cul de sac with 6 two-bed units and higher cube workshop area with 7 parking spaces and some street parking. All rents are Pro Forma—currently 2 MTM tenants, 2 units occupied by family (no lease), and 2 vacancies. One unit has an upgraded interior. Buy and maximize rents, taking advantage of the Industrial Mixed Use zoning—potential to rent 6 units + workshop separately. Excellent value-add opportunity at a compelling price.
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Listed by Commercial Investment Strategies
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,060.00
$6,338.33/mo
Valuation Metrics
0
DSCR
6.34%
Cap Rate
6.34%
ROI
Map
Zoning
IMX-1 MixedMixed UseIndustrial Commercial Mixed Use District
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View all 122 uses
View all 122 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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