Pualani Manor

1216 Pua Ln, Honolulu, HI 96817

OVERVIEW

The Affordable Housing Group is pleased to present the opportunity to acquire Pualani Manor, a 63-unit affordable housing property, located in the Palama neighborhood of Honolulu. Property is 98% HAP and 2% market rate.

Pualani Manor is being offered without an asking price.

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Investment Highlights

PROPERTY

98% Project-Based Section 8; HAP contract expiring 2030

Ground Lease expires 2040; may potentially be renewed/extended

value

Tax exemption available

Eligible for new financing

Opportunity

Opportunity for rehab & LIHTC syndication with rents $528 below post-rehab market

Opportunity for management upside through expense reductions

INVESTMENT ADVISORY TEAM

John L Nguyen

John L Nguyen

Managing Director

   Affordable Housing Group

  • MOBILE: 714-356-5049
  • DIRECT: 949-497-9100 x1
  • EMAIL: john@national-ahg.com
  • LIC NO.: 01303273
Jesse Elsanhuty

Jesse Elsanhuty

Managing Director

   Affordable Housing Group

  • MOBILE: 562-320-3614
  • DIRECT: 949-497-9100 x2
  • EMAIL: jesse@national-ahg.com
  • LIC NO.: 01773542
Brian Luethke

Brian Luethke

Director

   Affordable Housing Group

  • MOBILE: 201-983-7727
  • DIRECT: 949-497-9100 x4
  • EMAIL: brian@national-ahg.com
  • LIC NO.: 02191657