Investment Opportunity: 2020-Built Apartment Building in Okinawa's Yaese Town
This property is a 2020-built, four-story reinforced concrete (RC) apartment building located in Hana-gusuku, Yaese Town, Okinawa. With a total of 8 units, this investment property is currently fully occupied, offering stable, immediate rental income for a new owner. The building sits on a corner lot with road frontage on two sides (west and north). The total land area is 301.15 square meters (approx. 91.09 tsubo), with a building area of 352.64 square meters (approx. 106.67 tsubo). The current yield is a solid 5%.
The property is designated as an R-2 (Residential Zone 2) building. The land rights are ownership (freehold), and there is no private road burden. The property features a 2LDK layout per unit. It is noted as being suitable for families and is in a corner location. The school district is Gushichan Elementary School and Gushichan Junior High School. Convenience stores are within a 3-minute walk, and supermarkets are approximately a 6-minute drive away, ensuring a well-equipped living environment.
