Investment Opportunity in Okinawa City: A Fully Occupied Apartment Building Near Kodomo-no-Kuni
This property presents a compelling investment opportunity in Okinawa City, Okinawa Prefecture. Located in the quiet residential neighborhood of Goya 6-chome, this apartment building is currently fully occupied, generating a stable annual rental income of 2,196,000 yen with a surface yield of 4.77%. Due to its full occupancy, interior viewings are not possible at this time.
The building itself is a reinforced concrete (RC) structure built in December 1983, spanning two stories over a generous land area of 446.2 square meters. The total building floor area is 285.12 square meters. The property features a 3LDK layout, comprising three Western-style rooms, a living room, dining room, and kitchen. Pets are not permitted. The land is designated for residential use within a Category I Low-Rise Exclusive Residential Zone, with a building-to-land ratio of 50% and a floor area ratio of 100%. Access is via an east-facing road with a width of 4.4 meters, and the property includes a private road burden of 27.1 square meters. Public transportation is accessible via the "Ankeda 5-chome" bus stop, approximately an 8-minute walk away.
The Goya area of Okinawa City offers a peaceful living environment while being conveniently close to local amenities. A notable nearby attraction is Okinawa Kodomo-no-Kuni (Okinawa Children's Country), a large park and recreational facility popular with families, which adds to the area's appeal for residents. This property is ideally suited for investors seeking a turnkey income-generating asset in a stable residential community.
