Investment Opportunity: Military Land Parcel Adjacent to Kadena Air Base
This 144 square meter plot of land, classified as forest land, presents a unique and highly recommended investment opportunity in Okinawa City. The property is designated as military land associated with the popular Kadena Air Base, offering distinct advantages over traditional real estate investments.
According to the agent's notes, this is a recommended military land investment. Compared to apartment management, it involves no vacancy costs or repair expenses. The state is the tenant, providing peace of mind, stability, and ease of selling for cash conversion. It is less susceptible to economic fluctuations. Using the military land as collateral allows for low-interest financing, and the collateral value is high. Unlike buildings, there is no deterioration or maintenance costs.
Key details from the special remarks include: This is a popular Kadena Air Base investment property! The price is 13,910,000 yen. The multiplier is 56x. The annual lease fee is 24,859 yen. The fixed asset tax is 23,587 yen (Reiwa 7 fiscal year). The landowner association fee is 0.4%. The land category is forest land. The type is land expected to be residential. The title is sole ownership. The annual military land fee and annual fixed asset tax will be prorated and settled at the time of transaction completion. There is no scheduled return of the land.
