Lions Mansion Kokusaidori: An Investment Opportunity in Naha's Vibrant Center
This property, Lions Mansion Kokusaidori, presents a compelling investment opportunity in the heart of Naha, Okinawa. Currently tenanted and generating a monthly income of 117,000 yen, the apartment offers a surface yield of 5.85%. As the name suggests, the building is situated facing the famous Kokusai Street (International Street), placing it in one of the most dynamic and tourist-frequented areas of the prefecture.
Translated from the agent's notes, the equipment and facilities include reinforced concrete (RC) construction, ensuring a durable and stable structure. The unit is equipped with city gas, a vanity and washbasin unit with hair-washing functionality, a monitor-equipped intercom, and elevator access. The property management is handled by a fully entrusted management association, specifically Daikyo Astage Co., Ltd.
The apartment itself is a south-facing 2LDK layout with a total private floor area of approximately 56.29 square meters (about 17 tsubo). It is located on the 8th floor of a 10-story building constructed in 1983. The monthly fees include a management fee of 12,200 yen and a repair reserve fund of 18,910 yen. Please note there is no dedicated parking space within the premises. The handover date is negotiable, and the current status is tenanted.
