1559 Thurston Ave, Honolulu, HI 96822

A fantastic TURN-KEY property for savvy investors! Upscale concrete 6 story, 28-unit apartment building w/36 parking stalls. Immaculate secured building in excellent condition w/ steady high rental income of over $48,000/mo generating 4% capitalization rate! No Flood Zone! Prime upper Makiki, close to Waikiki, Downtown, UH & everywhere which the convenient City life offers. The entire building underwent 2 year-long, comprehensive reconstruction from 2014 thru 2015. The entire upper parking deck and all lanais received extensive concrete repair, and an industrial nonskid waterproofing membrane was installed to protect the concrete for many years. Bldg walls have recently been protected with special water proofing installation. All concrete work was performed by reputable Seal Masters of Hawaii. All units have been renovated/repaired with high quality materials & workmanship. New plumbing, electrical, driveway, landscaping, quality appliances, & 50 plus security cameras. 100% occupied!