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Okamoto Hotel - Myoko

5,064 sqm 6,543 sqm
¥150,000,000
Price per tsubo: ¥75,785
OKM1

Okamoto Hotel is a 4-storey, 60-room hotel located in central Akakura, just a 5-minute walk from the lifts of Akakura Kanko and Akakura Onsen ski resorts.
The property has an indoor and outdoor onsen area, restaurant, bar, and banquet area.

The property has not been operational for a decade and will require significant refurbishment costs.
It is well suited for conversion to self-contained apartments or redevelopment. The property sits on a spacious 6,000 sqm-plus site in booming Myoko, offering redevelopment options such as a hotel, condominiums, or a townhouse or villa complex.

Get in touch with the team for more information on this unique opportunity!

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