Investment Opportunity: Fully Occupied Apartment Building with Solar Income in Naha
This commercial apartment building, located in the Tomari 2-chome district of Naha City, Okinawa Prefecture, presents a compelling investment opportunity. The property is currently fully occupied, comprising nine residential units and three non-residential office spaces. A significant feature is the rooftop solar power generation system, which provides a stable annual income of 380,000 yen from selling electricity back to the grid.
Detailed financial notes are provided: The fixed asset tax is 719,169 yen. Residential rents range from 38,000 to 160,000 yen per month, while non-residential office rents range from 85,500 to 136,180 yen per month. The property boasts an annual yield of 4.65%. The building itself is a reinforced concrete (RC) structure built in December 1983, with a total floor area of 724.26 m² on a 219.27 m² plot of land. It is situated in a commercial zone within an urbanization promotion area.
The location offers excellent convenience, being approximately a 10-minute walk from the Monorail's Miebashi Station and a 2-minute walk from the Tomaritakahashi bus stop. The area of Tomari is a historic port district in Naha. An interesting local fact is that the nearby Tomari International Cemetery is a unique resting place with graves of foreign sailors and merchants from various nations, reflecting Okinawa's long history of international exchange. The closest major landmark is the vibrant Kokusai Dori (International Street), Naha's main tourist thoroughfare known for its shops, restaurants, and Ryukyuan culture, located just a short monorail ride away.
