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287 Wai Nani Way
Honolulu, HI 96815 Waikiki

$4,880,000 USD

Apartments For Sale • 7,300 SF

Property Details

Property Type Apartments
Total Building Size 7,300 SF
Lot Size 0.13 AC
Building Class C
Year Built 1963
Cap Rate 6.11 %
Zoning X2

60 Transit Score

91 Walk Score

                
                    Highlights
                
                                Turnkey 3 story walk-up with 13 units, nine 2BD/1BA plus four 1BD/1BA
                            
                                Community laundry, separate HECO meters, ample parking
                            
                                Exceptional rental income and low operating costs

Property Flyers

287 Wai Nani Way, Honolulu

Financial Summary (Actual)

Net Operating Income: $298,343 USD (2025)

Cap Rate:	6.11 %
Total Expenses:	$50,269 USD

Amenities

Balcony
Laundry Facilities
Ceiling Fans
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Deck
Vinyl Flooring

Public Transportation

Airport	Drive	Walk	Distance
Daniel K Inouye International	19 min	-	10.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Covered
Included in Rent:	Yes

Pauline Michelman 808-454-3438 Hawaii Collective Real Estate

287 Wai Nani Way Honolulu, HI 96815 Waikiki