Rainbow Court Apartments
701 Hauoli St.
Honolulu, Hawaii, 96826
Price: USD $ 1,688,888


Rainbow Court Apartments. This is a 2-story mixed use apartment zoned building with office use potential. It has 5 studio units on the first floor and 5 studio units on the second floor with parking available for tenants. Fantastic location on the corner of Kapiolani Blvd. and Hauoli St., just steps from the Convention Center, Hard Rock Café and Ala Moana Shopping Center. -2—story building

• Total units - 10
• 5 studio units on the first floor & 5 studio units on the second floor
• 10 parking stalls
• 4,032 sq ft total interior
• 5,000 sq ft lot
• Zoned AMX-2 Medium Density Apartment Mixed Use
• Meters: Individual Electric
• Sewer: Connected
• Coin Operated Laundry on-site
• $120,000 Annual Rental Income
• $24,000 Annual Expenses
(includes: excise tax, insurance, management fee, property tax, repair maintenance & sewer fee)
• $96,000 Net Operating Income
• TMK # 1-2-3-33-46-0000

*Drive by, make offer subject to inspection of property.