Stylish Investment Apartment Building in Miyakojima City

This attractive income-generating property, located in Miyakojima City's Shimoizato district, presents a compelling opportunity with a strong 7.1% yield. The building is currently fully occupied, demonstrating its desirability and providing immediate rental income. Constructed just four years ago in 2020, the property is modern and well-maintained.

The building features a total of six units, configured as follows: two 1R studio apartments, two 1LDK (one living-dining-kitchen) units, and two 2LDK (two living-dining-kitchen) units. This mix offers flexibility for various tenant demographics. The total building area is 275.41 square meters (approximately 83.31 tsubo), situated on a generous land plot of 313.41 square meters (approximately 94.81 tsubo). The structure is wood-framed and is located in an Urban Planning Area designated as Category II Medium-to-High Rise Residential.

The location is highly convenient, within walking distance of schools and a shopping center, with numerous other commercial facilities in the vicinity. Public transportation is accessible via the "Shiei Jutaku Mae" (Municipal Housing) bus stop, approximately a 4-minute walk away. The property is not pet-friendly.

Miyakojima, part of Okinawa Prefecture, is renowned for its stunning beaches, crystal-clear waters, and vibrant coral reefs, making it a premier destination for diving and snorkeling. A notable landmark near the property is the iconic Painagama Beach, famous for its long stretch of white sand and beautiful sunsets, offering residents and visitors a quintessential tropical island experience.