The Nihau Apartments is a sleeper of a building in Waikiki. Not many people know that it's a condominium that's been around basically since statehood. It's zoned in a resort district, so it allows for short term rentals. Behind me, you've got the Embassy Suites. Then, right here, we have the old Trump Tower Waikiki, which is now Kala'i. On the other side of the Niihau Apartments, you have Regency on Beachwalk. Once a again, this is a sleeper of a building and there aren't a lot of amenities. But, you can rent them short term, which is one of the awesome things.
Although There's No Amenities On Site, Niiahu Apts has Lahaina Shaved Ice Downstairs
It's a 10 story building with 1 and 2 bedroom units, with the 2 bedroom units on the wings. I've currently got one here under contract and I've participated in the last several sales that took place in the building.
Tour of Unit 305
Let me give you a quick tour of Niihau Apartments #305. This is a listing that we actually sold prior to coming to market. I wanted to give you a feel of this floor-plan. This is a 2 bedroom, 1 bath. The 2 bedrooms are a little more rare. They cap on the end units. This is (an '05) end unit and you have the '01s on the other side along Beachwalk.
Here we are at Niihau Apartments #305, which is a 2 bedroom, 1 bath. It's relatively original condition. The tenant just moved out. He was a great tenant and he was here for 16 years. What's nice about the end units is you have windows on the side here, unlike the interior 1 bedroom units. You have a 1 bedroom with a closet. Then, you have another 1 bedroom across the hall. You have jalousie windows for good cross ventilation. There's lots of storage.
This unit is on the 3rd floor, so it's not going to have the best views. You then have the kitchen and then the living area. This should give you a good feel of the '05 stack here at Niihau Apartments. These don't come on the market that often. We do have it under contract as I mentioned. There's been a lot of interest in the building. This is going to be my 3rd sale that we've sold off market, because there is so much interest here. To learn more about the Niiahu Apartments in Waikiki, feel free to give me a shout at 808-371-3509. Mahalo!