Apartment Building Investment Opportunity in Naha, Okinawa

This listing presents a concrete (RC) apartment building constructed in March 1977, located in the Hanadagawa 4-chome area of Naha City, Okinawa Prefecture. The property is currently tenanted, offering immediate rental income. The total land area is a substantial 438.00 square meters (approximately 132.49 tsubo), with a building area of 306.18 square meters (approximately 92.61 tsubo). The structure is a three-story building.

Critical agent notes have been provided. The property's road access details are specified as follows: it fronts a single road to the southwest with a width of 4 meters. The land is designated within the City Planning Area, zoned as Category I Low-Rise Exclusive Residential District, with a building-to-land ratio of 50% and a floor area ratio of 100%. The land is registered as residential land, has a sloping topography, and is noted as not requiring a notification under the National Land Use Planning Act. The land shape is described as having an extended site length. The transaction method is exclusive intermediary.

The area of Naha is the vibrant capital of Okinawa, rich in history and culture. An interesting fact is that Naha was almost completely destroyed during the Battle of Okinawa in 1945 and has since been meticulously rebuilt. The property is within a reasonable distance from the Shuri Station on the Okinawa Urban Monorail (Yui Rail), providing access to the city's transit network. The closest major landmark is the historic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, which is a premier tourist attraction showcasing unique Okinawan architecture and history.