Property Overview: Reinforced Concrete Residence in Chatan, Okinawa
This property is a reinforced concrete (RC) residence located in the Miyagi area of Chatan Town, Okinawa Prefecture. The building was constructed in May 2011 and offers a total floor area of 390 square meters on a land parcel of 293.07 square meters. The layout is a 2LDK configuration spread across three floors, with the first floor housing a garage and a storage room, the second floor featuring a large living-dining-kitchen area and a utility room, and the third floor containing two bedrooms and a bathroom.
The property is being offered for sale at 125,000,000 yen. It is an income-generating asset, with current rental income from two units: Unit 3-A at 250,000 yen per month with a management fee of 5,500 yen, and Unit 3-B at 260,000 yen per month with a management fee of 5,500 yen. Additionally, the property is equipped with solar power generation equipment, providing an average monthly income of 63,796 yen from electricity sales at a rate of 42 yen per kWh. The total annual running costs, including property management fees, solar panel dismantling reserve funds, and fixed property tax, amount to 477,172 yen.
Important conditions of the sale include that the costs for ownership transfer registration and stamp duty on the contract are to be borne by the buyer. The property will be delivered in its current condition, and the seller is exempt from liability for any contractual non-conformities. The solar power generation equipment is not included in the purchase price and will be transferred free of charge; the seller assumes no responsibility for any malfunctions, failures, or fluctuations in income related to this equipment.
