Obika

Real cash flow from real property in Japan.

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Chapter one
An under-served opportunity, waiting in Kagawa.
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Private Offering — Takamatsu, Kagawa

Real cash flow,
not paper appreciation.

Obika runs a repeatable playbook: convert turnkey property in Takamatsu, Japan into a professionally managed short-term rental. One unit proves the model — investors deploy it across as many properties as their capital allows.

36–41% Target annual return, money + credit partner combined
78% Occupancy rate, PriceLabs verified
45 days To income-producing status
Investment thesis

Why short-term rental, why Kagawa, why now.

Demand is documented. Supply is underdeveloped. That gap is the trade.

Kagawa Prefecture draws nearly 9.5M visitors a year, and the number keeps climbing — Japan's record inbound tourism, the Shikoku pilgrimage routes, and the triennial Setouchi Triennale art festival all feed steady, year-round demand rather than a single peak season.

PriceLabs market data backs it up: a 78% occupancy rate, or 284 nights booked per year, sitting well above the national STR average.

The opening isn't demand — it's supply. Most short-term rentals in the region are run with sub-par marketing, design, and management compared to North American standards. Obika's edge is simply doing the operational basics well.

Limited quality STR supply relative to fast-growing demand

Obika's management team brings a proven STR track record

Projections assume a 365-day operating license

Who's staying

  • International leisure travelers on Shikoku cultural tours
  • Domestic Japanese tourists seeking authentic local stays
  • Setouchi Triennale art festival visitors
  • Digital nomads and extended-stay guests
The playbook, demonstrated

Our buy box. The same filter, applied to every acquisition.

Before any property enters the portfolio, it has to clear a hard gate, earn weight on location, and prove itself against the market — in that order.

01
Hard gate

The property has to qualify before anything else matters.

  • New or turnkey condition — no ground-up renovation projects
  • 10 minutes or less on foot to the nearest train station
  • 10 minutes or less on foot to at least one convenience store
02
Weighted factor

Proximity to a tourist draw tips the decision, even when the gate is already cleared.

A property within 30 minutes of a genuine attraction — nature, historic, or shopping-based — carries real weight in whether we move forward. It doesn't override the hard gate, but two properties that both clear the gate aren't treated as equal if only one of them sits near demand.

03
Market validation

The final call is made on data, not the listing photos.

We research what comparable properties in that specific area are actually generating, and whether the market supports higher-end positioning we can charge a premium for. If the numbers don't support the thesis, the property doesn't get bought — regardless of how well it scored on the first two steps.

$

Why medium-to-premium, not budget.

We target the medium-to-premium segment deliberately — it's the margin that lets us operate properly and bring on staff where needed. That cushion matters most in the scenario we plan around, not the best case: if a property lands at sub-average occupancy relative to the rest of the market, premium-segment margins are what keep it viable rather than upside-dependent.

Run your own numbers

What happens when the cash flow buys the next property?

Every property funds the next one. Adjust your investment and time horizon to see how the portfolio compounds.

Initial investment $110,000
$103,422$2,000,000
Time horizon 10 yrs
1 yr25 yrs
Return scenario
Returns shown reflect the combined money + credit partner position. Model assumes cash accumulates until it can fund a full $103,421.70 property, then redeploys immediately. Pro forma projection based on PriceLabs market data and sponsor assumptions — actual results may vary. Not a guarantee of future performance.
1 Properties owned
$0 Total portfolio value
$0 Annual income, final year
Portfolio value over time
Acquisition ledger
Is this a fit

Built for a specific kind of investor.

Seeks 36–41% YOY returns, as both money and credit partner

Comfortable with STR operational risk, managed by a third party

Has a minimum of $110,000 in liquid capital available to deploy

Has a 5+ year investment horizon aligned to the loan term

Pro forma projections — actual results may vary. This page is for informational purposes only and does not constitute an offer to sell securities. Accredited investors only. Past performance of comparable assets does not guarantee future results.

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