Investment Opportunity in Uehara, Naha: A Profitable Apartment Building
This property presents a significant investment opportunity in the Uehara area of Naha City, Okinawa. The listing is for an apartment building (Apāto) with a total building area of 339.61 square meters (102.73 tsubo) situated on a spacious 329.99 square meter (99.82 tsubo) plot of land. The land is classified as "Zasshuchi" (miscellaneous land) and is located within a City Planning Area's urbanization zone, designated as a Category I Low-Rise Residential District. The structure is a robust Reinforced Concrete Block (RCB) construction, built in December 1983, and features wide frontage roads of 8 meters on both the south and west sides, ensuring excellent access.
Translated agent notes and property features highlight its strong income potential. The property generates a steady monthly rental income of ¥383,000, amounting to ¥4,596,000 annually. Additionally, it benefits from a separate monthly income of ¥25,000 (¥300,000 per year) from a mobile phone base station installed on the premises. The land rights are full ownership with no private road maintenance burdens. The transaction method is exclusive dedicated agency. The property is conveniently located approximately a 4-minute walk from the "Uehara" bus stop.