Listed by Commercial Investment Strategies
$4,300,000
922 McCully Street
Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 8,886
Units 9
Cap Rate 3.76%
NOI $161,722
Occupancy 100%
Pro-Forma Cap Rate 6.05%
Pro-Forma NOI $260,024
Year Built 1982
Buildings 1
Zoning A-2
Parking Spaces 13 per unit
Ground Lease No
Priced Below Assessed Value! Secure this unique, 9-unit (3BR/2BA)
Marketing description
Priced Below Assessed Value! Unique, 9-three-bed, TWO-bath units with 13 covered parking. Concrete construction. Located less than a mile to UH Manoa and Waikīkī. Condo-converted (each unit has its own TMK) for flexible exit strategies. Features 3 stacks of 3 units, each stack with separate, secured entries for rare privacy. Landlord-owned laundry in each unit. Massive value-add potential: raise rents, charge for parking, and monetize laundry!
Investment highlights
• Total Units: 9
• Unit Type: Three-Bedrooms
• Parking: 13
• Year Built: 1982
• 7,114sqft of Land
• 8,886sqft of Interior
Listing Contacts
Listed by Commercial Investment Strategies
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$161,722.00
$13,476.83/mo
Valuation Metrics
0
DSCR
3.76%
Cap Rate
3.76%
ROI
Map
Zoning
A-2 ResidentialMulti FamilyMedium Density Apartment 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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Property History
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