Two-Generation Apartment in Okinawa City with 7.39% Net Yield
This investment property in Okinawa City's Noborikawa area is a two-generation apartment building currently fully occupied, offering a stable income stream. The building features a unique layout designed for separate households, with the first-floor unit boasting a private garden. The interiors are constructed in a Western-style, reflecting a history of rental to US military personnel, and include two separate bathrooms and toilets.
According to the agent's notes, the property comes with specific financial details: the annual land lease fee is 240,000 yen, the fixed asset tax for the 2025 fiscal year is 121,800 yen, and the real estate management fee is 11,000 yen. These figures contribute to a calculated net yield of 7.39%. The total land size is 273.29 sqm, with a building area of 220.5 sqm arranged in a 3LDK layout. Built in October 2000, it is a concrete block construction on a corner plot.
