Investment Opportunity in Kadena: Currently Rented Two-Unit Apartment Building
This property presents a compelling investment opportunity in Kadena Town, Okinawa. It is a two-story apartment building currently generating rental income, with the potential for owner-occupancy upon consultation. The building offers a total floor area of 105.16m² (31.81 tsubo) on a land plot of 157.63m² (47.68 tsubo). Constructed in September 1973, the building features a reinforced concrete (RC) structure with a 4LDK layout, effectively configured as two separate 2LDK units—one on each floor.
Critical agent notes provide essential details: The property is currently tenanted. The first-floor unit rents for 60,000 yen per month, and the second-floor unit for 60,000 yen per month, totaling 120,000 yen in monthly income. Owner-occupancy is possible subject to consultation. The annual land lease fee is 50,160 yen. Please note that the above information may differ from the current situation; for precise details, please contact the staff. The agent, House Do Onna/Yomitan, actively implements COVID-19 prevention measures including ventilation, mask-wearing, alcohol disinfection, and acrylic partitions for customer safety (also available for customers). Their office features parking, a kids' play space, and complimentary drinks and snacks. Friendly staff provide detailed service. The agency is also actively seeking properties for sale and offers free appraisals for land, buildings, commercial properties, and more, with services available via visit, phone, or email (female staff are also active). The House Do Ginowan branch opened in April 2024, and they serve all of Okinawa and other prefectures.
The property is situated in the Kadena district, known for its proximity to the significant Kadena Air Base. The area offers a unique blend of local Okinawan culture and American influences. A major nearby landmark is the scenic Manzamo cliff formation in Onna Village, renowned for its breathtaking ocean views and elephant trunk-shaped rock, a popular tourist destination on the west coast.
