Investment Opportunity: K's House 2LDK Apartment Building in Nago City, Okinawa

Presenting a compelling investment property in Nago City, Okinawa: K's House, a 20-unit rental apartment building generating an impressive annual revenue of approximately ¥11 million with a yield of 5.24%. This stable income-producing asset is situated in the Taira neighborhood, offering a land area of 588.24 sqm and a substantial building area of 935.12 sqm. Built in December 2001, the reinforced concrete structure features a 2LDK layout across its units, making it ideal for families, further enhanced by its proximity to a local elementary school for a secure and convenient location.

The property is equipped with separate bath and toilet facilities, air conditioning, and an elevator. It is noted as being near a university or vocational school, underscoring its appeal to a diverse tenant base. A critical note from the agent must be highlighted: the building is currently fully occupied, so interior viewings of the units are not possible. Additionally, prospective buyers should be aware that the land and the building have different owners. Consequently, at the time of the sales contract, separate agreements will need to be executed for each asset.