Pualani Manor

1216 Pua Lane, Honolulu, HI 96817

OVERVIEW

AHG and CAA is pleased to present Pualani Manor, a 63-unit affordable senior housing community located at 1216 Pua Lane in the Kapalama neighborhood of Honolulu, Hawaii, built in 1974. The property consists of 62 one-bedroom/one-bathroom units averaging 511 SF that are covered by a project-based Section 8 Housing Assistance Payments (HAP) contract, plus one unit utilized as office/storage space.

You must sign the CA to view the due diligence files. Once signed, you will be granted access within 24 hours or less.

You must log in to access the files. Once you log in, you will automatically be redirected to the listings page where after approval, a “Due Diligence” button will appear under the listing you have access to.

If you are having issues accessing documents, please reach out at info@national-ahg.com.

Investment Highlights

PROPERTY

 City and County of Honolulu Ground Lease Through November 30, 2040

100% Occupancy Rate

 

value

98% HAP-Assisted Senior Housing Community

20-Year Basic Renewal HAP Contract with Annual Rent Adjustments

Opportunity

Comparability (Mark-Up-to-Market) Adjustments Available Every 5 Years

4% LIHTC/Bond Resyndication Potential

INVESTMENT ADVISORY TEAM

John L Nguyen

John L Nguyen

Managing Principal

   Affordable Housing Group

  • MOBILE: 714-356-5049
  • EMAIL: john@national-ahg.com
  • LIC NO.: 01303273
Jesse Elsanhuty

Jesse Elsanhuty

Senior Director

   Affordable Housing Group

  • MOBILE: 562-320-3614
  • EMAIL: jesse@national-ahg.com
  • LIC NO.: 01773542
Brian Luethke

Brian Luethke

Director

   Affordable Housing Group

  • MOBILE: 201-983-7727
  • EMAIL: brian@national-ahg.com
  • LIC NO.: 02191657

Broker of record

DAVID ASAKURA, CCIM

DAVID ASAKURA, CCIM

Broker of Record

          Commercial Asset Advisors

  • MOBILE: 808-282-0503
  • EMAIL: dasakura@caahawaii.com
  • LIC NO.: RB-20869