Apartment Building Investment Opportunity in Naha, Okinawa
This listing presents a fully occupied apartment building in the Yogi district of Naha City, Okinawa, offered as an owner-change property. The agent's special notes, which are critical to understanding this investment, translate as follows: "Owner change property! Full occupancy! Yield 5.6%!" This indicates a turnkey investment opportunity with immediate rental income and a solid annual return on the purchase price.
The property is a reinforced concrete (RC) structure built in July 2005, featuring a total building area of 94 square meters (approximately 28.43 tsubo) situated on a generous land plot of 330.58 square meters (100 tsubo). The land is designated as residential within a City Planning Act urbanization area, zoned as Category 1 Low-Rise Residential, with a building-to-land ratio of 50% and a floor area ratio of 100%. Access is provided via roads to the east (5.8m wide) and south (5.5m wide). The transaction is handled as a general intermediary sale.
