Maison S&K Yogi B Building: A Pet-Friendly Investment Condominium in Okinawa City
Presenting the Maison S&K Yogi B Building, a reinforced concrete (RC) condominium offering a compelling investment opportunity in Okinawa City. This 3LDK unit, spanning approximately 60.7 square meters (18.4 tsubo), is currently tenanted, providing immediate rental income. The property boasts excellent views, including ocean vistas, and comes with one inheritable parking space.
Critical agent notes have been translated and incorporated. The equipment is reinforced concrete (RC) construction. Special remarks include: Annual leasehold fee of 29,865 yen (leasehold contract period under confirmation). FY Reiwa 7 fixed asset tax: 50,590 yen. Currently rented at 43,000 yen per month. From April Reiwa 8, the rent will be raised to 50,000 yen per month. This translates to an attractive yield of 8.2% and annual revenue of 600,000 yen. Repair reserve funds are included within the management fees. One parking space is inheritable. Balcony area is unknown. The floor plan is being confirmed with the current tenant (priority given to current condition). Pet conditions require permission from neighboring residents.
The property is situated on the 6th floor of a 7-story building constructed in 1985. Monthly management fees are 9,000 yen, with no separate repair reserve or deposit/key money required. The location is highly convenient, just a one-minute walk from the Yogi bus stop. The area is served by Hiyagon Elementary School (10-minute walk) and Bito Junior High School (29-minute walk).
The surrounding Yogi district in Okinawa City offers a blend of residential calm and urban convenience. An interesting local fact is that Okinawa City, formerly known as Koza, has a rich cultural history deeply influenced by the post-war American presence, reflected in its unique blend of Okinawan and American culture. The closest major landmark is the Okinawa Comprehensive Athletic Park, a vast public sports complex hosting various events and facilities, located just a short distance away.
