Investment-Grade Apartment Building in Nago City, Okinawa

This is a substantial investment property located in the well-planned Umosa no Mori 2-chome district of Nago City, Okinawa. The building, named "Maison Happiness," is a 10-year-old reinforced concrete (RC) structure offering a total floor area of 939.4m² across its multiple storeys. It comprises 20 rental units in total, with a mix of 8 two-bedroom (2LDK) and 12 one-bedroom (1LDK) apartments, providing a diversified tenant base. The property sits on a generous 1,033.77m² plot of land designated as residential within a urbanization promotion area, with no private road maintenance obligations.

As detailed in the agent's remarks, prospective investors are encouraged to inquire freely about the rent roll and other financial details. Furthermore, floor plans and other relevant documents are available upon request, facilitating thorough due diligence. The building is equipped with separate bath and toilet facilities in each unit and includes air conditioning. Its location is noted as being near universities and vocational schools, which likely contributes to stable rental demand.

The area of Umosa no Mori benefits from organized urban planning, resulting in an excellent living environment. The property boasts a calculated yield of 5.7%, which includes income from solar power generation, with further rental growth anticipated in the future. It is conveniently situated approximately a 5-minute walk from the "Kitanō-mae" bus stop and offers parking for two vehicles. The vibrant Jungle Garden Okinawa, a popular family attraction with botanical gardens and adventure activities, is just a 19-minute drive away, highlighting the area's appeal for residents and visitors alike.