Investment Apartment Building in Nago City, Okinawa

This is a four-story reinforced concrete apartment building located in the Higashie district of Nago City, Okinawa. Constructed in May 2021, the property is in excellent condition and offers a compelling investment opportunity with a strong occupancy history. The building comprises a total of five units: one office on the second floor and four residential apartments (two 1LDK units each on the third and fourth floors). As of December 2025, the property is fully occupied, with occupancy rates of 96.05% for 2025, 100% for 2024, and 96.60% for 2023.

The property is managed by Maruyama Real Estate Co., Ltd. The annual fixed asset tax for 2025 is ¥337,698 (land: ¥15,369; building: ¥322,329). The building features separate bath and toilet facilities, air conditioning, and guaranteed rent. The land area is 148.69m² (44.97 tsubo) with a building area of 210.55m² (63.69 tsubo). The structure is RC (reinforced concrete) with a floor-area ratio of 200% and a building coverage ratio of 80%.

The location is exceptionally convenient for daily life. It is adjacent to the Nago Tax Office (1-minute walk, approx. 30m). Within a 2-minute walk are FamilyMart Nago Post Office Front Store, Nago Post Office, Higashie Nursery School, Oasis Dental Clinic, and the San-A Higashie Shopping Town. Other nearby amenities include Drug Store Mori Nago Higashie (3 min), Ohnishi Hospital (4 min), Sukiya Restaurant (5 min), Big One Nago Store (5 min), Koza Shinkin Bank Nago Branch (7 min), Nago Municipal Market (8 min), Ryukyu Bank Nago Branch (10 min), Nago City Hall (15 min), and Okinawa Prefectural Northern Hospital (17 min). Higashie Elementary School is a 5-minute walk, and Higashie Junior High School is an 8-minute walk. Please note that if there is any discrepancy between the property materials and the actual condition of the property, the actual condition takes precedence.