Investment Opportunity in Okinawa City: Spacious 2LDK Apartment with High Yield
This property presents a compelling investment opportunity in the vibrant Okinawa City. Currently tenanted, this 2LDK apartment offers a solid surface yield of 5.4%. The unit is situated on the 3rd floor of a modern 13-story reinforced concrete (RC) building constructed in February 2014. With a total floor area of 74.44m², the layout includes two Western-style rooms, a living, dining, and kitchen area, providing comfortable living space.
According to the agent's special notes, the property features parking for two vehicles in a tandem arrangement within the premises, though confirmation of the vehicle type is required. The apartment is well-equipped with separate bath and toilet, an elevator, and is noted as being suitable for families. Monthly fees include a management fee of 7,600 yen and a repair reserve fund of 3,100 yen. There is an annual land lease fee of 88,206 yen and a monthly parking fee of 3,000 yen.
The location is highly convenient for daily life. Miyasato Elementary School is an 8-minute walk away, while Miyasato Junior High School is an 11-minute walk. A Super Union supermarket is just a 6-minute walk, placing all essential amenities within easy reach. The property is located in the Miyasato 4-chome district of Okinawa City, Okinawa Prefecture.
The surrounding area of Okinawa City offers a rich blend of local culture and modern conveniences. An interesting fact is that the city is home to the Okinawa City Athletic Park, a major sports complex that hosted events during the 2017 Asian Masters Athletics Championships. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a popular family destination featuring a wide variety of animals, interactive museums, and expansive parklands, located just a short drive away.