Exclusive Listing · Japan

Apartment Building in Maejima, Naha Commercial Property in Maejima 2-chome, Japan

A reinforced concrete apartment building from 2018 with most of its units let to lodging operators

Price
From JPY 150.00M

Introduction

This six-storey reinforced concrete apartment building, completed in 2018, stands in Naha on Okinawa, a short walk from a monorail station. It is sold as an income property, with most of its units leased to corporate lodging operators and a vacant ground-floor office. The upper floors repeat the same one-room layout, and the building has an elevator, an auto-lock entrance and a ground-floor parking space. The commercial zoning allows a floor area ratio of 400 percent. It suits an investor looking for a complete building with tenants in place.

Why This Opportunity

  • Income in place

    Most of the units are already leased to corporate lodging operators, so the building transfers with tenants. Only the ground-floor office is vacant.

  • A short walk to the monorail

    A monorail station is five minutes on foot, which supports both lodging demand and tenant access without a car.

  • Uniform one-room layouts

    The upper floors repeat one layout, which keeps letting, furnishing and maintenance simple across the building.

  • Commercial zoning with a high floor area ratio

    The site is zoned commercial with 80 percent coverage and a floor area ratio of 400 percent.

  • Recent reinforced concrete construction

    Completed in 2018, the building has an elevator and an auto-lock entrance.

The Area

Where it is

Getting around

  • Naha Airport (那覇空港)

    Airport · 6.2 km · 12 min drive

  • Miebashi Station (美栄橋駅)

    Monorail station · Yui Rail (Okinawa Urban Monorail) service · 470 m · 6 min walk · 24 min to Naha Airport

  • Makishi Station (牧志駅)

    Monorail station · Yui Rail (Okinawa Urban Monorail) service · 1.2 km · 15 min walk · 26 min to Naha Airport

Nearby

  • Kokusai-dori (国際通り)

    Shopping street / landmark · 950 m · 12 min walk

  • SANEI Naha Main Place (サンエー那覇メインプレイス)

    Shopping centre · 1.3 km · 16 min walk

  • Naha City Hospital (那覇市立病院)

    Hospital with ER (救急告示病院) · 3.1 km · 6 min drive

  • Naminoue Shrine (波上宮)

    Shrine / landmark · 1.8 km · 22 min walk

Schools

  • Kainan Elementary School (那覇市立開南小学校)

    Public elementary · Elementary (ages 6-12) · 1.7 km · 22 min walk

  • Kamiyama Junior High School (那覇市立上山中学校)

    Public junior high · Junior high (ages 12-15) · 1.7 km · 21 min walk

  • Okinawa Prefectural Naha Commercial High School (沖縄県立那覇商業高等学校)

    Public high school · High school (ages 15-18) · 1.2 km · 15 min walk

Continue Exploring

More private opportunities across the network.

Browse Properties

Other Properties

Market guides Country, city & neighborhood guides Insights

Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.