Investment Opportunity: Camp Hansen Military Land in Onna Village, Okinawa
This property presents a unique investment opportunity as a military land parcel located within the U.S. Army's Camp Hansen in northern Okinawa Island. The land is designated as forest land and covers a substantial area of 2,590 square meters (approximately 783.47 tsubo). It is held under sole ownership. A key feature is that there is no scheduled return of this land from military use, positioning it as a stable, long-term military land investment.
The property's financials are clearly detailed. The asking price is 19,250,000 JPY, with an annual land lease income of 447,780 JPY (Reiwa 7 fiscal year), yielding a capitalization rate of approximately 43 times. The lease rate has a confirmed upward adjustment of 2.00% for the same fiscal year, and historically, military land lease fees have continued to rise, making this an asset suited for long-term holding. The transaction is handled as an exclusive intermediary. The brokerage commission is calculated as (Sale Price × 3% + 60,000 JPY) + consumption tax.
Important conditions and notes include: pro-rated settlement for land lease fees, landowner association fees, and fixed asset taxes. The fixed asset tax for Reiwa 7 is currently being confirmed. The annual landowner association fee is 2,238 JPY. Costs for ownership transfer registration are to be split equally. Please note that the listed price and lease fees are calculated per square meter, and rounding may cause slight discrepancies. Furthermore, a split plan is available for this property, where the land can be divided into two approximately equal halves, each with roughly half the area and lease income. Details are available upon inquiry. The property's management number is E25-81-A, and its specific location is Onna Village, Aza Onna Higashibaru, Lots 208-8 and 208-9.
