Bears Court Kamisugata: A 5th Floor Apartment in Chatan Town, Okinawa
This apartment, located on the 5th floor of the 14-story Bears Court Kamisugata building in Chatan Town, Nakagami District, Okinawa Prefecture, is currently being offered as an owner-change property with an existing US military lease. The property features a 2LDK layout with a dedicated area of 73.75 square meters and a balcony area of 24.63 square meters. The building was completed in May 2019 and is constructed from reinforced concrete. The monthly management fee is 9,200 yen, and the monthly repair reserve fund is 5,200 yen. A monthly land rent of 92,700 yen is also applicable, as the property is on a general fixed-term land leasehold with a remaining term of 50 years.
The property offers an ocean view and is situated on elevated ground. It features a system kitchen, a south-facing balcony, and the unit is a corner apartment with good sunlight and ventilation. The LDK is over 15 tatami mats in size, and all rooms have flooring. There is a walk-in closet, a TV monitor intercom, and the building is equipped with an elevator. The property is located in a quiet residential area, within a 10-minute walk of a supermarket, and is close to the city center. Pets are negotiable. The property includes parking on the premises at no monthly charge. The property is being sold with a gross yield of 6.24%, based on the current rental income from the US military lease. The sales price is 39,800,000 yen. The property is listed by House Do Ginowan, a real estate partner for the local area.
