Investment Opportunity: Fully Occupied Apartment Building in Ginowan, Okinawa
This property is a four-story reinforced concrete block (RCB) apartment building located in the Maehara district of Ginowan City, Okinawa. Currently fully occupied and generating rental income, it presents a turnkey investment opportunity. The building has a total floor area of 599.47 m² (approximately 181.34 tsubo) on a land area of 319.2 m² (96.55 tsubo). Built in January 1999, the structure is 27 years old and situated within a City Planning Area zoned as Category 1 Residential. The building features a unique layout with each floor occupied by a single household, ensuring privacy and simplified management. The first floor is utilized as a warehouse, while the second through fourth floors are residential units.
Critical agent notes, as provided, state: 'Currently leased. Each floor is one unit. For rental apartments, condominiums, and parking lots in Ginowan City and the Nakagami Central area of Okinawa, please contact Tomiya Real Estate. We also handle land, income-producing, and commercial properties. We also manage rental housing for US military personnel.' This confirms the property's current income status and highlights the agent's specialization in the local rental market, including properties for US military tenants, a significant demographic in the area.