Listings/Liliha - Kapalama/Two Fee Simple Apartment Buildings for Sale
MultifamilyClosed
Liliha - Kapalama
$1,800,000 Fee Simple
Overview

Two Fee Simple Apartment Buildings for Sale

340 N School St, Honolulu, HI 96817, USA

340-B N. School Street & 1610 Frog Lane consist of 2 apartment buildings containing a total of six (6) units.
340-B N. School Street is a 3-story walk-up building with 3 tandem parking stalls plus an additional 2 stalls on the ground floor plus four (4) 2-bed/1-bath units on the upper 2 levels. 1610 Frog Lane is a 2-story walk up with 1 unit on each floor and 3 parking stalls fronting the property. Each unit comes equipped with an oven/range, refrigerator, washer/dryer, and A/C window unit.
The property is currently used as student housing and will be unencumbered with tenant leases at the end of the Spring semester in early July 2019.

Highlights
High Barriers to Entry
Lack of New Apartment Building Development
In-Place Rents Below Market Rates
Separately Metered Electricity Allows Tenants to be Billed Directly by HECO
Strong Demand for Rental Units with Limited Supply in Submarket
Key facts
Price$1,800,000 Fee Simple
OfferingFor Sale
Property typeMultifamily
Building size5,914 sq ft
Lot size0.14 acres
TenureFee Simple
NeighborhoodLiliha - Kapalama
Location

Liliha - Kapalama

340 N School St, Honolulu, HI 96817, USAOpen in Google Maps →
ChaneyBrooks

1440 Kapiolani Boulevard, Suite 1010 Honolulu, HI 96814

Company
ListingsServicesOur TeamNews
Support
Terms of Use
Get in touch
808·544·1600
contactus@chaneybrooks.com
ChaneyBrooks 2026 © All rights reservedPrivacy PolicyIndependently Owned & Operated · A Member of the Cushman & Wakefield Alliance