Investment Opportunity: Modern Multi-Unit Apartment Building in Nanjo City, Okinawa
This property is a relatively new, multi-unit income-generating building located in Ozato-Oshiro, Nanjo City. The layout is centered around 2LDK units, making it an area with anticipated demand from family tenants. The location offers excellent convenience for daily life, with AEON Town Nanjo Ozato accessible by car in approximately 6 minutes and a convenience store within walking distance. The surrounding area features a calm residential environment.
Key financial projections indicate a potential annual rental income of 12,480,000 yen at full occupancy, with a gross yield of approximately 5.43%. A significant feature is the inclusion of solar power equipment, which is expected to generate additional monthly income from electricity sales of roughly 80,000 to 120,000 yen, separate from the rental revenue. The future prospects of the area are bolstered by plans for the opening of the Southern East Road, which is expected to improve transportation accessibility.
This property is recommended for those who value a balance between profitability and location. The transaction is planned for delivery in its current condition ('as-is'), and any discrepancies between the floor plans and the actual condition will prioritize the actual condition. Please note that the projected rental income, yield, and electricity sales income are estimates and do not guarantee future performance.
The building itself is a reinforced concrete (RC) structure built in August 2015, offering a total floor area of 715.36 sqm on a generous 1,034.16 sqm plot of land. The area of Nanjo City is rich in natural and historical attractions. A notable nearby landmark is the sacred site of Sefa-Utaki, a UNESCO World Heritage site, which offers stunning views and deep cultural significance rooted in Ryukyuan spirituality.