Investment Apartment Building in Okinawa City
This is a 16-unit apartment building for sale in Okinawa City, offering a solid investment opportunity. The property, built in September 2011, is a 14-year-old reinforced concrete (RC) structure with a total building area of 802.8 square meters situated on a generous 891 square meter plot of land. The building consists of 12 one-bedroom (1LDK) units and 4 two-bedroom (2LDK) units. At full occupancy, the annual rental income is projected to be 11,746,800 yen, yielding an estimated gross yield of 5.90%. The annual fixed asset tax for the 2025 fiscal year is 875,300 yen.
As per the agent's special notes, the location provides excellent convenience to daily amenities and shopping. Key distances include: Union Awase supermarket (400m), San-A Shokuhinkan food hall (270m), AEON Gushikawa (1.7km), Uru Marche market (2.1km), Cainz home center (2.8km), Don Quijote discount store (3.2km), and the Okinawa Prefectural Comprehensive Sports Park (2.8km). Public transportation is accessible via the Aharaguchi bus stop, approximately a 5-minute walk away.
The area of Okinawa City offers a blend of urban convenience and local culture. An interesting fact is that the city is home to the Okinawa City Zoo & Museum, which uniquely combines animal exhibits with cultural and historical displays about the Ryukyu Islands. The closest major landmark is the Okinawa Prefectural Comprehensive Sports Park, a large recreational complex hosting various sporting events and festivals, located just 2.8km from the property.
