Waikiki Banyan

Waikiki Banyan Quick Facts:

Year Built:	1979	Units:	877
Stories:	37	Elevators:	4

Amenities: Large 6th floor recreation area with pool, tennis court, sauna, barbecue grill, children's playground and a snack bar.

Maint. Fee Range: $1.20/sf - $2.56/sf


Waikiki Banyan 201 Ohua Street Waikiki - East	$679,000 - $900,000 Fee Simple and Leasehold

1 Bedroom Available Listings

$679,000 Fee Simple - Waikiki Banyan, Unit #: 1505-I New!

$724,888 Fee Simple - Waikiki Banyan, Unit #: 2109 T-1 New!

$740,000 Fee Simple - Waikiki Banyan, Unit #: MAKAI 809

$745,000 Fee Simple - Waikiki Banyan, Unit #: 1605-I

$748,000 Fee Simple - Waikiki Banyan, Unit #: Mauka 1510

$768,000 Fee Simple - Waikiki Banyan, Unit #: 1108-T2

$770,000 Fee Simple - Waikiki Banyan, Unit #: 1806-T2

$779,000 Fee Simple - Waikiki Banyan, Unit #: 2902-I

$788,000 Fee Simple - Waikiki Banyan, Unit #: 1803-T1

$819,000 Fee Simple - Waikiki Banyan, Unit #: T2-1910

$849,000 Fee Simple - Waikiki Banyan, Unit #: makai/2808

$850,000 Fee Simple - Waikiki Banyan, Unit #: 3310

$870,000 Fee Simple - Waikiki Banyan, Unit #: 2809

$875,000 Fee Simple - Waikiki Banyan, Unit #: 3001-T2

$890,000 Fee Simple - Waikiki Banyan, Unit #: Mauka 3302

$895,000 Fee Simple - Waikiki Banyan, Unit #: 3307

$900,000 Fee Simple - Waikiki Banyan, Unit #: Mauka 3706

$900,000 Fee Simple - Waikiki Banyan, Unit #: 3408-T1 New!

Building Analysis - Waikiki Banyan:
The twin towers of the Waikiki Banyan is a popular investor choice for a condotel in Waikiki. The building is just few blocks from the beach and since the units have full kithcens they tend to be easier to finance than some other condotels. Aston manages the hotel program but owners are free to manage the unit themselves, hire a 3rd party manager, or live in the unit.

Waikiki Banyan was originally zoned has a hotel but has since been rezoned as a residential building. As a result, only owners that have maintained a non conforming use certificate to allow for overnight rentals may legally rent their units out for less than one month, Honolulu's Department of Planning and Permitting maintains a list of Non Conforming Use Certificates here:
http://www.honoluludpp.org/Portals/0/pdfs/HotIssues/NUCreport.pdf

Lender Statistics - Waikiki Banyan

Management Co: Hawaiiana 593-9100

Owner Occupancy: 9%

Condo Type: Condotel/Lodging

Typical Loan Options and Down Payment Requirements:

Lodging unit/Condotel: 100% down - Lenders are currently not lending on studios without a full kitchen (hotel rooms)

Condotel unit with Full Kitchen: 30% down with minimum credit score of 680

Waikiki Banyan - Additional Information

High School: McKinley

Middle School: Washington

Elem. School: Jefferson

House rules: not available

Pet Allowed: Pet Notes: with approval

Waikiki Banyan's AOAO Biennial Registration Form

Lender Statistics - Waikiki Banyan

Waikiki Banyan - Additional Information

Condominium Configurations - Waikiki Banyan