Situated in the vibrant area of Ohigashi 3-chome, Nago City, this investment property presents an excellent opportunity with both residential and commercial potential. The reinforced concrete block building features a total of 10 units - one commercial space and nine residential apartments, spread across 605.19 square meters of building area on a 467-square-meter lot.
Built in 1975, this income-generating property boasts impressive returns, with an annual solar power income of ¥870,000 and rental income of ¥4,818,000, resulting in a combined yield of 10.5%. The property's strategic location near the Northern District Hospital enhances its appeal for both residents and businesses.
Priced at ¥53.8 million, this well-established property offers significant potential for investors looking to enter the Okinawan real estate market. The building's solid construction and mix of residential and commercial spaces provide stable income streams, while its location in Nago City ensures steady demand from both local residents and businesses.