Investment Opportunity: Fully Occupied Apartment Building in Tomigusuki, Okinawa

This is a prime investment property located in the sought-after area of Tomigusuki City, Okinawa. The apartment building, built in February 2009, is a robust 4-story reinforced concrete (RC) structure with a total floor area of 649.32 m² situated on a generous 901.7 m² plot of land. The property is currently fully occupied, offering immediate rental income with a surface yield of 5.56%. A significant recent renovation was completed in December 2024, which included comprehensive exterior wall and rooftop waterproofing work, ensuring the building's long-term durability and reducing future maintenance costs for the new owner.

Key features and equipment translated from the agent's notes include: separate bath and toilet facilities, air conditioning in all units, rent guarantee service, corner rooms, and suitability for single occupants. Small pets are negotiable, allowing for up to two small dogs or cats. The layout is versatile, featuring a mix of units including a 1LDK and larger 3LDK apartments, all of which are corner rooms maximizing light and ventilation. The property includes three parking spaces and is conveniently located just a 2-minute walk from a Max Value supermarket, enhancing its appeal to tenants and ensuring quick re-leasing after any turnover.

The property is situated in the Matamabashi district of Tomigusuki City, a vibrant and convenient area of Okinawa. An interesting fact about Tomigusuki is that it is home to the Okinawa Prefectural Peace Memorial Museum, a profound site dedicated to reflecting on the history of the Battle of Okinawa. The closest major tourist attraction is the stunning Naminoue Beach, a popular white-sand beach and shrine area located just a short drive away in Naha, offering residents and visitors a beautiful seaside escape.