Investment Opportunity in Naha: Corner Lot Group Home Building with 5.95% Yield

This is a significant investment property located in the Matsukawa area of Naha City, Okinawa. The property has undergone a substantial price reduction of 24 million yen, now offered at 225 million yen, down from its original listing of 249 million yen. This presents a compelling opportunity with a calculated net yield of 5.95%. The building is a relatively new construction, completed in October 2017, making it just 8 years old. It is a robust 6-story Reinforced Concrete (RC) structure built on a corner lot.

The property is currently configured as a group home and is offered as a single, bulk rental investment. The land area is a generous 178.62 square meters (54.03 tsubo), while the total floor area spans 346.02 square meters (104.67 tsubo). Key features include an auto-lock security system and an elevator. The property is situated within an urbanization promotion area zoned as Category II Residential and Category II Medium/High-rise, with a building-to-land ratio of 60% and a floor area ratio of 200%.

The listing agent provides comprehensive professional support, holding qualifications as a Real Estate Transaction Specialist, Financial Planner, Housing Loan Advisor, and Inheritance Diagnosis Specialist. The agency collaborates with a network of construction companies, tax accountants, and judicial scriveners, enabling them to facilitate introductions and consultations on related matters. Prospective investors are encouraged to make contact for further discussion.