Contacts
Jennifer Stein
Lee & Associates
Property Details
- Property Type Multi-Family
- Property Size 7,791 SF
- Units 5
- Lot Size 0.23 Acre
- Additional Rent Contact for pricing
- # of Floors 2
- Average Floor Size 3,895 SF
- Parking Spaces Avail. 6
- Parking Ratio 0.77 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1985
- Year Renovated 2024
- Date Updated Sep 18, 2024
5-unit multi-family property in eastern Kaneohe which presents a unique investment opportunity with significant upside potential. Nestled in the heart of eastern Kaneohe, it is one of the largest and most sought-after residential communities on Oahu’s Windward Coast.
There’s a considerable opportunity to increase rental income through leasing the available space as the property sits at 20% occupancy. One of the units is a former dojo and provides a unique layout with over 2,000 sq ft of substantial amenity space. This large, open space presents significant value-add potential, whether for enhancing current living spaces, creating new units, or offering unique amenities.
The property sits just minutes away from stunning beaches and only 30 minutes from downtown Honolulu. The military presence in Honolulu is substantial, with several key installations including Marine Corp Base Hawaii – Kaneoho located roughly 20 minutes from the subject offering. Given its prime location, unique features, and the recent rent increase in the area, this property offers an excellent opportunity for significant value appreciation and rental yield enhancement.
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Attachments
Getting around
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Location
- City Kaneohe, HI
- Neighborhood Ahuimanu
- Zip Code 96744
Points of Interest
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Hālawa / Aloha Stadium
7.69 miles
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Kalauao / Pearlridge
7.88 miles
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Honolulu International Airport Station (under Construction)
9.01 miles
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Waiawa / Pearl Highlands
9.43 miles
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Hālaulani / Leeward Community College
9.83 miles
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Aloha Petroleum
1.17 miles
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Union 76
2.83 miles
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Texaco
3.86 miles
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Texaco
6.19 miles
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76
6.91 miles
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Aloha Petroleum
6.94 miles
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Texaco
7.06 miles
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Shell
7.08 miles
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Hele
7.14 miles
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76
7.71 miles
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Faculty Parking
2.85 miles
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Student Parking
2.92 miles
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Visitor Center
4.31 miles
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Bus parking
4.35 miles
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Lot E
4.52 miles
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Lot A
4.54 miles
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Lot D
4.55 miles
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Lot C
4.55 miles
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Lot B
4.56 miles
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Pearlridge Mauka
7.49 miles
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Best Western The Plaza Hotel
8.60 miles
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Studio In Paradise
8.66 miles
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Navy Lodge
8.96 miles
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Pearl City Air B&B
8.99 miles
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Manoa Valley Inn
9.78 miles
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Times Supermarkets
1.05 miles
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Windward Mall
2.77 miles
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Macy's
2.79 miles
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Ross
2.79 miles
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Safeway
2.83 miles
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Windward Square
3.02 miles
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Kaneohe Market
3.11 miles
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Windward City Shopping Center
3.87 miles
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Foodland
3.87 miles
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Ross
3.88 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Jennifer Stein
Lee & Associates