$3,475,000
The 15 unit property consists of 12 (2 bed / 1ba) units and 3 (1 bed / 1 ba) units, situated on 9,600 square feet of land in desirable McCully, Honolulu.
Challenge:
The buyer was seeking to acquire a multifamily investment property to reinvest capital from their business operations. They wanted a property that would provide strong cash flow and opportunities for value appreciation, but finding the right deal in a competitive market was a challenge.
Action:
We worked closely with the buyer to understand their investment goals and specific criteria. Using our expertise and network, we presented both on-market and off-market opportunities. After careful analysis, we identified a 15-unit off-market multifamily property in McCully, one of the most sought-after neighborhoods for tenants.
Result:
The buyer successfully acquired the property at an attractive price, creating an opportunity to make strategic upgrades that increased both cash flow and property value. The deal not only boosted their monthly returns but also enhanced their equity position, adding a valuable asset to their portfolio.
Testimonial:
"The level of attention and guidance Kynan provided throughout this transaction was exceptional. He not only found a fantastic off-market deal in a prime neighborhood but also ensured the acquisition fit perfectly with our long-term investment goals. We're thrilled with the results!"
Status | Sold |
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LIVING SPACE | 10,230 Sq.Ft. |
LOT SIZE | 9,600 Sq.Ft. |
Type | Multi-Family |
Year Built | 1962 |
Neighborhood | McCully |
SALES PRICE | $3,475,000 |
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Whether you are a seasoned real estate investor or just starting out, Excel Commercial Realty will be your partner in achieving your investment objectives.
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