Upland Hiyagon – A Profitable Investment in Okinawa City
Presenting a well-maintained 8-year-old condominium in Okinawa City's Yogi district, currently generating stable rental income. This 3LDK apartment offers a practical layout with approximately 66.67 square meters (about 20.2 tsubo) of living space, featuring three Western-style rooms and a combined living, dining, and kitchen area. The property is situated on the 2nd floor of a 10-story reinforced concrete (RC) structure, ensuring durability and a solid build quality.
The unit comes equipped with a system kitchen, propane gas, a counter kitchen, an auto-lock security system, a monitor-equipped intercom, a parcel delivery box, an elevator, and an indoor space for a washing machine. The building is managed by a homeowners' association under a fully delegated management system. A key feature is the pet-friendly policy, though specific conditions for pets require confirmation with the managing agent. The property is currently tenanted, providing immediate rental yield with a surface yield of 6.4%, and the transfer of ownership is negotiable.
Located in Okinawa City, the Yogi area offers convenient urban living. An interesting local fact is that Okinawa City, once known as Koza, has a rich cultural history deeply influenced by the post-war American presence, which is reflected in its unique blend of Okinawan and American culture. The closest major landmark is the Okinawa Comprehensive Athletic Park, a large sports complex that hosts various events and is a significant recreational hub for residents.
