Investment Opportunity: Maison Happiness Apartment Building in Nago, Okinawa

Presenting a prime investment opportunity in the popular residential area of Umosa no Mori, Nago City. This apartment building, named Maison Happiness, has become available due to an owner change. The property is situated in a quiet residential neighborhood, offering convenience with a bus terminal and convenience stores located nearby. The property boasts a surface yield of 5.74%.

The building is a robust RC (reinforced concrete) structure built in September 2015, making it approximately 10 years old. It sits on a generous land area of 1,033 square meters (approximately 312.48 tsubo) with a total building floor area of 939.4 square meters (approximately 284.16 tsubo). The property is located within a Urbanization Area and is zoned as a Category I Mid-to-High-Rise Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%. The layout consists of a total of 20 units, configured as 12 one-bedroom apartments (1LDK) and 8 two-bedroom apartments (2LDK).

The location in Umosa no Mori is highly regarded for rental demand. The area provides a peaceful living environment while maintaining excellent access to daily necessities and public transport, with the Nago Bus Terminal just a 3-minute walk away. Nago City is a major urban center in northern Okinawa, known for its beautiful coastline and proximity to natural wonders. A key regional attraction is the Okinawa Churaumi Aquarium, one of the largest and most famous aquariums in the world, located approximately a 30-minute drive away in Motobu Town. This area is a major draw for tourists and residents alike, contributing to the steady demand for rental housing.