Commercial Apartment Building with High Yield in Naha's Akebono District
This is a substantial commercial apartment building located in Naha City's Akebono 1-chome. The property, built in 1984, offers a significant investment opportunity with a stated gross yield of 7.74%. The land area is 661.1 square meters (approximately 199.98 tsubo), supporting a building with a total floor area of 2,722.12 square meters (823.44 tsubo). The structure is a robust SRC (steel-framed reinforced concrete) construction with 10 storeys.
Critical agent notes have been provided, detailing the layout and conditions. The building features an office on the 2nd floor, with 32 residential units occupying floors 3 through 10. The property will be transferred in its current condition ('as-is'). The fixed asset tax for the 2024 fiscal year (Reiwa 6) is 2,314,608 yen.
The location offers excellent access to major commercial facilities and Naha Airport, enhancing its appeal for tenants and investors. Currently, there are vacant units available, though some may be undergoing cleaning. The price is set at 360,000,000 yen.
The Akebono area in Naha provides convenient urban living. An interesting local fact is that Naha is home to Shuri Castle, a UNESCO World Heritage Site and the former royal palace of the Ryukyu Kingdom. The closest major tourist attraction from this property is the vibrant Kokusai Dori (International Street), Naha's famous main boulevard known for its shops, restaurants, and cultural atmosphere.
