We investigate reheating in the string-theory-motivated Kähler Moduli Inflation I (KMII) potential, coupled to a light scalar field χ and produce constraints and forecasts based on Cosmic Microwave Background (CMB) and gravitational wave observables. We implement a Markov Chain Monte Carlo (MCMC) sampling method to compute the adopted model's parameter ranges allowed by the current CMB observations. Floquet analysis and numerical lattice simulations are performed to analyze the nonlinear effects of the model's (p)reheating phase. We derive bounds on the ΛCDM parameters As, ns, nrun, and r based on Planck results, finding that correlations between model parameters severely constrain the range of these parameters allowed within this model. While the KMII potential's non-vanishing minimum may provide a possible source for the observed dark energy density ρDE this cannot be tested with current observations. We estimate the 95% CI bounds on the inflaton mass m φ and reheating temperature T reh to be 2.1 × 10 13 GeV m φ 3.2 × 10 13 GeV and T reh 1.8×10 3 GeV, respectively. We observe narrow-band self-resonance and parametric resonance instabilities in our Floquet analysis results. Finally, our lattice simulations predict stochastic gravitational wave backgrounds generated during reheating that would be observable today in the 10 9 -10 11 Hz frequency range.