Investment Apartment Building in Naha City, Okinawa
This property is a multi-unit apartment building located in the Orokucho district of Naha City, Okinawa. The building is a reinforced concrete (RC) structure built in March 2016, making it approximately 10 years old. It features a unique maisonette layout, consisting of two 2DK units and four 1-room units, designed to accommodate multiple households. The total building area is 260.07 square meters (approximately 78.67 tsubo), situated on a land plot of 213 square meters (64.43 tsubo). The property includes private road maintenance responsibility for an area of 11.7 square meters. Parking is available for four vehicles. The building is designated within an urbanization promotion area under the First Category Mid/High-Rise Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%.
According to the agent's notes, this is an income-generating investment property. The monthly rental income is 366,900 yen, resulting in an annual income of 4,402,800 yen and a yield of 4.9%. The property is not pet-friendly. The transaction is handled as an agency sale. The location offers convenient access, being approximately a 13-minute walk from the Monorail's Onoyama Koen Station and about a 3-minute walk from the "Daini Orokucho" bus stop.