A remarkable investment opportunity awaits in Miyakojima's sought-after Hirara district. This well-maintained apartment complex, constructed in 2003, offers a total building area of 622.08 square meters spread across multiple units. The property sits on a generous 789.14 square meter plot in a prime location.
The complex features a mix of 2DK and 1K units, specifically eight of each type, making it ideal for both long-term residents and vacation rentals. Currently enjoying full occupancy, the property boasts an attractive 5.73% yield rate, enhanced by additional income from solar power generation.
Built with durability in mind, the structure is reinforced concrete, ensuring long-term stability and minimal maintenance. The property's location in Miyakojima, famous for its pristine beaches and resort atmosphere, adds significant value to this investment opportunity. With the current market conditions and the property's established track record, there is room for price negotiation, making this an even more attractive proposition for savvy investors.