Green Heights Naha 5-- Unit: An Investment Apartment Near Kokusai Street
This property is a 2LDK apartment for sale in the Green Heights Naha building, located in Matsuo 2-chome, Naha City, Okinawa Prefecture. The asking price is 13.8 million yen. The unit is currently tenanted, generating a monthly rental income of 55,000 yen, which translates to a gross rental yield of approximately 4.8% and an annual income of 660,000 yen. This makes it a recommended investment property for those seeking a revenue-generating asset.
The apartment has a private floor area of 61.19 square meters (approximately 18.5 tsubo) and features a 7.27 sqm (2.19 tsubo) balcony. The layout is a 2LDK, suitable for small families or tenants. The building is an 11-story reinforced concrete (SRC) structure built in August 1982 (43 years old). The unit is located on the 5th floor. The building is equipped with an elevator and offers services such as a daytime building manager. The apartment complex has a total of 79 units and is managed by a self-managed owners' association.
Key facilities and equipment include a separate bath and toilet, an independent washbasin area, an intercom, security cameras, a dedicated indoor space for a washing machine, shoe storage, and storage in all rooms. The building provides indoor and covered parking, as well as bicycle parking. Pets are not permitted.
Important agent notes regarding fees and management have been provided. The water bill consists of a base fee of 1,194 yen plus usage charges. If the unit is vacant, only the base fee is billed to the unit owner. The building manager works daytime hours. The repair reserve fund is included within the monthly management fee of 9,000 yen; there is no separate repair fund charge.
The location is convenient, with Monorail Makishi Station approximately an 11-minute walk away and the Kainan bus stop about a 3-minute walk. The property is situated close to Naha's famous Kokusai Street (International Street), providing easy access to shopping, dining, and urban amenities.
