Lions Mihama Marine City: A Versatile 3LDK Investment and Lifestyle Opportunity in Chatan
This 3LDK apartment, spanning approximately 23.43 tsubo (77.46m²), offers a versatile living space in the sought-after Mihama district of Chatan Town, Okinawa. Part of the Lions Mihama Marine City complex, this property presents an opportunity for investors, those seeking a residence, or a second home. The unit is currently tenanted, generating a monthly rental income of 146,000 yen, with an annual projected rental income of 1.752 million yen and a surface yield of 3.7%. It is important to note that this 'projected yield' is calculated as (annual projected rental income ÷ acquisition price) × 100 and is presented before the deduction of taxes, public charges, and other necessary maintenance costs. The annual projected rental income is not guaranteed.
The property features a functional layout with separate bath and toilet, a bathtub, a bathroom dryer, a warm-water washlet toilet, and a kitchen with a gas stove and hot water supply. Key amenities include a TV phone monitor intercom, auto-lock building security, an elevator, a delivery box, and an indoor space for a washing machine. The unit also benefits from a walk-in closet. The building is a 14-story reinforced concrete structure, with this unit located on the 5th floor. Built in January 2008, it is managed by Daikyo Astage under a fully entrusted management system. Parking is available at a monthly cost ranging from 3,500 to 11,000 yen, subject to a usage contract; inquiries regarding parking use should be directed to the agent. Please be aware that views can change depending on weather and are not permanently guaranteed. Furthermore, any furniture or fixtures shown in the listing photos are not included in the sale price.
The Mihama area is a vibrant hub known for the Mihama American Village, a large entertainment and shopping complex with a distinctive American-themed atmosphere, offering restaurants, shops, and a Ferris wheel. Chatan is famous for its beautiful sunsets over the East China Sea. A major nearby landmark is the scenic Sunset Beach, a popular spot for swimming and water sports, located just a short distance away, perfectly complementing the coastal lifestyle this location affords.
