Makiki is a solid neighborhood located conveniently near downtown and Waikiki with numerous multi-unit buildings being the investment of choice for 1,031 exchange participants. Here are two that I like in the area in terms of number of units, price, and parking.
The first building (MLS# 1205168) is priced at $1,299,000, has 5 units, and has been nicely remodeled.
The second building (MLS# 1204671) has 11 units and is listed at $1,390,000.
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