Investment Opportunity: Three-Unit Apartment Building in Naha's Yorimiya District

This listing presents a concrete-block constructed apartment building located in Yorimiya 2-chome, Naha City, Okinawa Prefecture. The property, built in February 1976, sits on a 103.02 square meter plot of land designated as residential within a urbanization promotion area. The total building area is 144.26 square meters, offering a three-unit layout ideal for generating rental income. The land is currently leased, but the listing notes that purchase of the land is a possibility, providing flexibility for the investor.

A critical feature detailed in the agent's remarks is the established rental income. The property currently yields a total monthly income of 122,000 yen, broken down as follows: 40,000 yen for the first-floor unit, 43,000 yen for the second-floor unit, and 39,000 yen for the third-floor unit. This immediate cash flow makes it a turnkey investment opportunity. The building is situated within a 17-minute walk from the Asato Station on the Okinawa Urban Monorail (Yui Rail), providing convenient access to Naha's public transportation network.

The Yorimiya area offers a blend of residential calm and urban convenience. An interesting historical fact about Naha is that it was the capital of the Ryukyu Kingdom for centuries, a unique culture that blended influences from China, Japan, and Southeast Asia. The closest major landmark is the bustling Kokusai Dori (International Street), a famous tourist destination known for its shops, restaurants, and vibrant atmosphere, located just a short monorail ride away from Asato Station.