Investment Opportunity in Ishigaki: Owner-Change Apartment with 5.6% Yield
This property presents a compelling investment opportunity in the sought-after location of Ishigaki City, Okinawa. It is an apartment building listed for sale with a total land area of 107.08 square meters (approximately 32.39 tsubo) and a building area of 63.18 square meters (19.11 tsubo). The structure is a concrete block (CB) construction built in November 1972, making it 53 years old. The property is situated on land designated for residential use within a commercial zone, with a building coverage ratio of 80% and a floor area ratio of 400%.
As highlighted in the agent's special notes, this is an owner-change property offering a yield of 5.6%. The agent encourages interested parties to inquire freely. The price is set at 45,000,000 yen, and the transfer of ownership can be arranged immediately.