Investment Opportunity in Okinawa City: Apartment Building with High Surface Yield

This property presents a compelling investment opportunity in the sought-after Okinawa City area. It is an apartment building (Apāto) located in the 6th district of Koya, offering a substantial land area of 419.1 square meters (approximately 126.77 tsubo) and a total building floor area of 142.56 square meters (approximately 43.12 tsubo). The price has been reduced, resulting in an improved surface yield of 4.6% per annum, making it an attractive prospect for investors seeking rental income.

The building was constructed in 1983, making it 43 years old, and features a reinforced concrete (RC) structure, ensuring durability. It is situated within the City Planning Area's urbanization promotion zone, designated as a Category I Low-Rise Residential District. The property is offered for sale through an agency (仲介). Key specifications include a building coverage ratio of 50% and a floor area ratio of 100%. Access is from the northeast side onto a road with a width of 6 meters. The closest public transport is the "Ankeda 5-chome" bus stop, approximately an 8-minute walk away. There is no dedicated parking lot for the property.

According to the agent's notes, the property is listed as an apartment building for sale. The remarks section is marked as "-", indicating no additional special notes or features were provided by the agent beyond the core data in the listing.