Investment Opportunity in Naha's Matsugawa District
This property is a residential apartment building located in the Matsugawa 3-chome neighborhood of Naha City, Okinawa. The building offers a total floor area of 339.2 square meters (102.61 tsubo) and sits on a land plot of 160.55 square meters (48.57 tsubo). Constructed in March 1998, the building is 28 years old and features a reinforced concrete block (RCB) structure. The layout consists of 19 one-room (1R) units. The property is situated in an urbanization promotion area zoned as Category 1 Medium-to-High-Rise Residential. The building-to-land ratio is 60% with a floor area ratio of 200%. The land rights are ownership. The property is conveniently located near the Naha Interchange, providing excellent access. Notably, the exterior walls were repainted in 2018, ensuring the building is well-maintained.
The location in Matsugawa offers a quiet residential atmosphere while being highly accessible. The property is approximately a 20-minute walk from the Yui Monorail's Asato Station and just a 1-minute walk from the Samukawa bus stop. The area is well-connected, making it suitable for commuters and tenants alike.