Versatile Property with Inn Business License in Okinawa City
This property presents a unique investment opportunity in Okinawa City, featuring a 4LDK layout with a total floor area of 99.36m² on a 114.82m² plot of land. Built in March 2017, this well-maintained wooden structure is in such excellent condition it could be mistaken for new. A critical feature is that it comes with a pre-approved Inn Business License, allowing for 365-day operation of accommodation services. This opens significant potential for a lodging business upon tenant vacancy.
According to the agent's notes, the property's equipment and special conditions are clearly defined. The facilities include separate bath and toilet, air conditioning, and it is suitable for families. A crucial note regarding equipment states: "Furniture and appliances other than air conditioners are not included." This is reiterated in the special remarks. Furthermore, the property remarks confirm the significant advantage: "Inn Business Law permission granted! (Can operate 365 days a year!)."
Currently, the property generates a monthly rental income of ¥205,000, offering a surface yield of approximately 5.7%. Its prime location on a main street enhances its versatility, making it suitable not only for residential use but also as a combined residence and office, or for commercial ventures like esthetic or nail salons. The property is listed for sale at ¥42,800,000.
The area of Okinawa City offers a blend of urban convenience and access to Okinawa's renowned attractions. An interesting fact is that Okinawa City is home to the second-largest U.S. military base in Japan, Kadena Air Base, which has influenced the local culture and economy. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a popular family destination featuring diverse wildlife and interactive exhibits.
