Investment Opportunity in Nago City: A Fully Occupied Apartment Building

Presenting a compelling investment property located in Nago City, Okinawa. This apartment building is currently fully occupied, offering an immediate and stable income stream with a surface yield of 10%. The property is situated on a corner lot and features a reinforced concrete block (RCB) construction, built in February 1986.

According to the agent's notes, the property is equipped with electricity, water supply, and sewer systems. The layout consists of two shop units and eight 1-room apartments. The sale is conducted on an 'as-is, where-is' basis. The fixed asset tax calculation date is April 1st. The listing agent, Tida Kankan Real Estate Co., Ltd., operates a network of five offices across Okinawa Prefecture, with their Nago branch handling this property.

The building offers a total floor area of 283.61 square meters (approximately 85.79 tsubo) on a land plot of 161.78 square meters (48.93 tsubo). It is conveniently located within a 5-minute walk from the Nago Crossroads bus stop. The area falls under the Nago City Landscape and Town Development Plan and is zoned as a Category 1 Residential District under urban planning regulations.