Investment Opportunity: A Modern Four-Unit Apartment Building in Yomitan Village
This property presents a compelling investment opportunity: a fully occupied, four-unit apartment building located in the quiet residential area of Zakimi, Yomitan Village, Okinawa. The building, constructed in July 2020, is a modern RC (reinforced concrete) structure with a total floor area of 334.44m² spread over two floors, with two units per floor. It is situated on a generous 443.1m² plot of land. Currently operating as a rental property for foreign residents, it offers an estimated gross yield of approximately 5.2%.
The property is equipped with a comprehensive list of amenities for tenant comfort and convenience. According to the agent's notes, the building features a cluster mailbox and individual door mailboxes. Each living room is fitted with air conditioning. The units come with a refrigerator, washing machine, gas clothes dryer, washlet toilet, and an electronic oven microwave. Furthermore, free internet is provided with a Wi-Fi wireless router installed.
Special remarks from the agent provide crucial financial details. The fixed asset tax for the 2025 fiscal year is ¥396,200. The current household income situation as of November 2025 is detailed: Unit A generates ¥150,000 per month, Unit B is vacant with an assumed rent of ¥190,000, Unit C generates ¥200,000, and Unit D generates ¥185,000. This results in an annual income of approximately ¥8,700,000. The property is located in a serene neighborhood with excellent access to main roads, and is conveniently close to the village office, supermarkets, and convenience stores. Security cameras are installed for resident peace of mind, and the interior design showcases owner-specific, stylish finishes.
The area of Yomitan is rich in history and natural beauty. An interesting historical fact is that the nearby Zakimi Castle, a UNESCO World Heritage site, was built in the early 15th century by the renowned Ryukyuan commander Gosamaru and is celebrated for its unique stone arch gates. For leisure and tourism, residents and visitors are a short drive from the stunning Emerald Beach and the popular Okinawa Churaumi Aquarium, one of Japan's largest and most famous aquariums.
