201 Ohua Ave. Honolulu, Hi 96815
Year Built 1977
876 Units in Two towers, 37 floors each
The Waikiki Banyan is a Condo Hotel. While each unit is individually owned, most owners opt to keep their unit in the Aston Hotel rental system. This option allows owners to earn an income from the hotel, while still being able to utilize their unit for their vacation needs.
The building is located just 2 short blocks from Waikiki Beach and is composed of 876 units in 2 buildings, 37 floors each. A typical floor plan has 14, one-bedroom units and a community laundry. Most units are Fee Simple.
Units are approximately 550 square feet, fully furnished and have a small lanai, kitchen/living room combo, with a bedroom that can be fully opened to the living room, separate bath and window air conditioning. A sofa bed allows space for extra guests. Views vary between Ocean, City and Mountain.
The building was built in 1977. Amenities include Pool, Sauna, Tennis Court, BBQ and Community Laundry. Units sell in the $250,000 to $500,000 price range.