Investment Opportunity: Apartment Building in Tomigusuku, Okinawa
This listing presents a compelling investment property located in the Gahana area of Tomigusuku City, Okinawa. The apartment building, constructed in 1991, sits on a generous land plot of 179.34 square meters (approximately 54.25 tsubo). The property is offered for sale at a price of 47,000,000 JPY.
As detailed in the agent's special notes, this is an income-generating asset with clear financial projections. The property includes parking facilities, with associated fees totaling 1,617,000 JPY. It boasts an attractive gross yield of 4.78%, with an estimated annual revenue of approximately 2,250,000 JPY. The building is constructed with a reinforced concrete (RC) structure, ensuring durability. It is situated within an urbanization promotion area zoned as Category 1 Low-Rise Residential, with a building-to-land ratio of 50% and a floor area ratio of 100%.
The location offers convenient access, with the Heiwadai Danchi bus stop approximately a 3-minute walk away. The area of Tomigusuku provides a blend of residential comfort and accessibility to the wider Okinawa prefecture. An interesting local fact is that Tomigusuku is home to the Okinawa Prefectural Peace Memorial Museum, a significant site dedicated to reflecting on the history of the Battle of Okinawa. The closest major tourist attraction is the stunning Nirai Kanai Bridge, an iconic, gracefully arched bridge offering panoramic views of the East China Sea, located just a short drive away.
