829 Waiaka Pl

This recently rehabbed 6-unit multifamily property in the heart of Moiliili offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, and air conditioning, and the building has a new roof, plumbing, and electrical systems. With 10 marked parking stalls and tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. The property is fully leased, with monthly in-place rents of $14,850 providing immediate returns with minimal near-term capital expenditures. Situated across the street from the Kuilei Place development and near the University of Hawaii at Manoa, the asset benefits from strong student demand and sits in one of Honolulu's fastest-evolving submarkets, supporting long-term value growth.

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