Investment Opportunity in Okinawa City: A Well-Located Apartment Building
This property presents a solid investment opportunity in Okinawa City's Kaibou 1-chome. The building is a six-story reinforced concrete (RC) structure built in August 2019, containing a total of 13 units. The unit mix consists of four 1-room studios, eight 2LDK apartments, and one spacious 5LDK unit, offering a diverse portfolio for rental income. The total building area is 711.85 square meters on a land plot of 346.5 square meters.
Agent notes highlight the property's excellent location and living environment. Directly opposite the building is a park, providing green space for residents. The neighborhood is well-serviced with schools, supermarkets, convenience stores, and restaurants, making daily life convenient and adding to the property's appeal for potential tenants. The agent emphasizes that for those starting in real estate investment, this location's merits are a significant point of consideration, offering the potential for stable returns and future growth.
The property features separate bath and toilet facilities, air conditioning, an auto-lock security system, and an elevator. Pets are permitted, broadening the tenant pool. The transaction is a general intermediary sale, and the land use is designated for First Category Medium-to-High Rise Residential.
The area of Okinawa City offers a blend of urban convenience and access to Okinawa's renowned natural beauty. An interesting local fact is that the city is home to the Okinawa Cellular Stadium, the main venue for baseball on the island. The closest major tourist attraction is the Okinawa Prefectural Peace Memorial Museum and the surrounding Peace Memorial Park in Itoman City, a profound site dedicated to reflecting on the history of the Battle of Okinawa and promoting peace.