Investment Opportunity in Shuri: Spacious 3LDK Apartment with Sea Views
This property presents a compelling investment opportunity in the Shuri Yamakawa-cho area of Naha City, Okinawa. The apartment is a 3LDK layout with approximately 68.28 sqm (20.7 tsubo) of private floor area, offering a spacious living environment. It is currently tenanted, generating a monthly rental income of 70,000 yen, which translates to a surface yield of 8%. After the tenant vacates, the apartment can also be utilized as a personal residence.
The building is a reinforced concrete (RC) structure, built in 1985, and stands 7 stories tall with the unit located on the 4th floor. Key equipment and facilities include a system kitchen, propane gas, independent washbasin, air conditioning, ample storage, an elevator, and an indoor space for a washing machine. The apartment is a corner unit with the desirable feature of sea views. Pet ownership is negotiable with the management. There is one parking space available for a monthly fee of 7,000 yen.
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