Waikiki Banyan #2701

(Waikiki)

Asking price

$191,500

Living

533 sf

Baths

1

Beds

1

Address: 201 Ohua Ave
Agency Info

Our office is currently not able to assist you with this property. We recommend you contact the listing agency - Savio Realty Ltd.

  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans,, Pets: OK (verify).
  • Amenities include: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and 24-Hour Security Guard.
  • The units in this popular condominium hotel can be rented out daily and the rental program here makes it easy for owners to take advantage of this opportunity.

About Waikiki Banyan
The Waikiki Banyan condo is a large, two tower condotel, located at the Diamond Head end of Waikiki off of Kuhio Avenue. Managed by Aston Hotels, several of these 1 BR, 1 bath units  can be rented on a daily basis, making the Waikiki Banyan a great investment opportunity. For resident and renter convenience, front desk staff and a security guard are on duty at all times, and there is a Resident Manager as well. Learn more about which units allow for short-term vacation rentals ri  ....click here to read more

Description

Sale is for leased fee interest in 45 units under a timeshare company. Price is $191,500 for each leased fee interest. Sale is subject to a Right of First Refusal. Terms of the lease are disclosed in the seller's disclosure statement. After the purchase of the leased fee interest, the units may still be subject to a sandwich lease.

Recently Sold
(Waikiki Banyan)
More Details
  • HOA Fees / Interior Sf:
  • Price / Interior Sf: $359
  • Owner, Tax & Resale History: Click here
  • MLS: 201818582
  • Waikiki Condos Median Listing Price: $450K
  • Waikiki Condos Median Interior: 588 sf
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • Zoning: AM - Apartment Mixed Use
  • Flood Zone: Zone AE
  • Owner Occupancy: 21%
  • Management Company: Hawaiian Mgmt
  • TMK: 1-2-6-25-5-709
  • Tax Assessed Land: $71,100
  • Tax Assessed Improvements: $475,500
  • Tax Assessed Total: $546,600
  • Special Sales Terms: None
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 14, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Savio Realty Ltd.
Other Waikiki Banyan Listings
Waikiki Banyan #2509
1 Bd | 1 Ba |  533 sf
Ocean view
Waikiki Banyan #1804
1 Bd | 1 Ba |  533 sf
Ocean view
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Waikiki Banyan
1 Bd | 1 Ba |  533 sf
Ocean view
Waikiki Banyan #908
1 Bd | 1 Ba |  533 sf
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans,, Pets: OK (verify).
  • Amenities include: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and 24-Hour Security Guard.
  • The units in this popular condominium hotel can be rented out daily and the rental program here makes it easy for owners to take advantage of this opportunity.

About Waikiki Banyan
The Waikiki Banyan condo is a large, two tower condotel, located at the Diamond Head end of Waikiki off of Kuhio Avenue. Managed by Aston Hotels, several of these 1 BR, 1 bath units  can be rented on a daily basis, making the Waikiki Banyan a great investment opportunity. For resident and renter convenience, front desk staff and a security guard are on duty at all times, and there is a Resident Manager as well. Learn more about which units allow for short-term vacation rentals ri  ....click here to read more

Other Waikiki Condos
Waikiki Lanais #905
1 Bd | 1Ba |  654 sf
411 Kaiolu #301
1 Bd | 1Ba |  479 sf
Royal Aloha #1103
1 Bd | 1Ba |  513 sf
Sold(8/8/18)
$615,000
Waikiki Banyan ##I-3514
1 Bd | 1 Ba |  594 sf
Ocean view
Sold(7/5/18)
$552,500
Waikiki Banyan #Makai 2307
1 Bd | 1 Ba |  533 sf
Ocean view
Sold(5/31/18)
$580,000
Waikiki Banyan #II/ 2604
1 Bd | 1 Ba |  533 sf
Ocean view
Sold(5/31/18)
$585,000
Waikiki Banyan #2114
1 Bd | 1 Ba |  594 sf
Ocean view
Sold(5/21/18)
$590,000
Waikiki Banyan #1714 - T2
1 Bd | 1 Ba |  594 sf
Ocean view
LeaseholdSold(4/30/18)
$290,000
Waikiki Banyan #1108 MAUKA
1 Bd | 1 Ba |  533 sf
Sold(4/27/18)
$599,000
Waikiki Banyan #T2-3507
1 Bd | 1 Ba |  533 sf
Fully furnished
Sold(4/18/18)
$660,000
Waikiki Banyan #3808
1 Bd | 1 Ba |  533 sf
Ocean view
Sold(4/16/18)
$535,000
Waikiki Banyan #1611 T2
1 Bd | 1 Ba |  533 sf
Year Remodeled: 2018
Sold(4/16/18)
$536,000
Waikiki Banyan #T2-1104
1 Bd | 1 Ba |  533 sf
Ocean view
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 14, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Savio Realty Ltd.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Leasehold Expiry: 11/29/35
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
If an owner runs short-term vacation rentals the property is typically classified as Hotel and Resort and the tax is 1.29% of total assessed value. If an owner does not run short-term vacation rentals, but the property is currently classified as Hotel and Resort, it is possible to apply for a re-classification to Residential or Residential A, which may significantly lower the tax rate. Learn more about Oahu property taxes here.
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