Investment Opportunity: Two-Household Rental Property Near Kadena Air Base in Okinawa City

This property presents a unique investment opportunity as a two-household rental apartment building specifically designed for U.S. military personnel stationed at Kadena Air Base. The building, constructed in March 2017, is a robust RC (reinforced concrete) structure with a total floor area of 227m² (68.67 tsubo) situated on a 246m² (74.41 tsubo) plot of land. The layout is configured as two separate 3LDK units, one per household, offering a total of six Western-style rooms, a living-dining-kitchen area, and a 20-tatami mat space. A key feature is the inclusion of an inner garage with space for two vehicles, equipped with an over-slider shutter door.

Translated agent notes provide essential details: The property is a U.S. military-oriented rental apartment. It generates an annual income of 4.44 million yen (management fees separate, utilities are government-covered). Parking is available for two vehicles indoors and two vehicles outdoors within the premises. The property has been renovated and is a two-household residence. The bathroom and toilet are separate, and air conditioning is installed. Pets are not permitted.

The location in Okinawa City's Chibana 4-chome district offers proximity to the strategic Kadena Air Base, with the Kadena Base Third Gate (Shirakawa) bus stop approximately a 16-minute walk away. The area is part of Okinawa's central region, known for its blend of local culture and American influences. An interesting historical fact is that the nearby Chibana area was once the site of a major airfield during the Battle of Okinawa in World War II. Today, the region is a vibrant mix of residential and commercial activity. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a family-friendly destination featuring diverse wildlife, botanical gardens, and museum exhibits, located a short drive away.