Profitable Apartment Building in Miyakojima's Popular Matsubara District

This is a profitable apartment building located in the popular residential area of Matsubara in Miyakojima City. The property consists of four compact wooden units, featuring a charming green exterior. The total floor area is 202.02 square meters, situated on a 309-square-meter plot. The building was constructed in September 2015, making it approximately 10 years old.

According to the agent's notes, a key feature of this property is that it is connected to the public sewer system. The property has been consistently fully occupied for a long time. The layout comprises four 1LDK units, with two units at 41.4 square meters and two at 51.01 square meters. It offers a surface yield of 5.40% with an annual income of 3.24 million yen. The property is situated extremely close to Hisamatsu Fishing Port, just a one-minute walk away, making it an ideal location for fishing enthusiasts. The Irabu Bridge is also nearby, providing good access to Irabu Island. A windbreak forest directly in front of the building offers peace of mind during typhoons. It is important to note that the property is located within a tsunami disaster warning zone. Viewings may be possible by prior arrangement.