Investment Opportunity in Nago: A Prime Apartment Building in Umosa no Mori
This is a substantial investment property located in the popular Umosa no Mori area of Nago City, Okinawa. The building is a reinforced concrete (RC) structure built in September 2015, making it approximately 10 years old. It stands on a generous land plot of 1,033.77 square meters (approximately 312.71 tsubo) with a total building floor area of 939.4 square meters (approximately 284.16 tsubo). The property is zoned under the First Category Mid-to-High Rise Residential District with a building-to-land ratio of 60% and a floor area ratio of 200%.
As a revenue-generating apartment building, it offers a promising surface yield of over 5%. The location is highly convenient, with a convenience store nearby and numerous facilities essential for daily living in the surrounding area. The property is also situated just a 3-minute walk from the Nago Bus Terminal, providing excellent access to public transportation.
Special Notes from the Agent: The agent emphasizes their commitment to "peace of mind" and "trust," stating they will meticulously handle client requests, introduce better housing options, provide thorough after-follow-up, and strive to be an agent clients are glad they entrusted. The contact number for the Nago Sales Office is 0980-43-0841.
The area of Nago is the gateway to the lush Yanbaru region in northern Okinawa. An interesting fact is that Nago is famous for its annual Cherry Blossom Festival, one of the earliest in Japan, typically held in late January. The city offers a blend of natural beauty and urban convenience. The closest major landmark is the stunning Nago Pineapple Park, a popular tourist attraction showcasing Okinawa's tropical agriculture and offering panoramic views of the coast.