Investment Opportunity in Okinawa City: "Corpo Sakae" 8-Unit Apartment Building
Presenting a solid investment opportunity in Okinawa City, this 8-unit apartment building named "Corpo Sakae" is located in the Mihara 2-chome area. The property sits on a generous land area of 576.92 sqm (approximately 174.51 tsubo) with a total building floor area of 317.98 sqm (96.18 tsubo). Constructed in December 1987, this 38-year-old reinforced concrete block (RCB) structure features eight 2DK (two rooms plus dining-kitchen) layouts, catering to small families or individuals. The location offers convenient daily living, with the "Miri Dai-ni" bus stop approximately a 7-minute walk away.
According to the agent's special notes, the interior photographs currently displayed are from the time of a previous tenant's move-out. Prospective buyers interested in viewing the property are requested to contact Chubu Kōsan Co., Ltd. in advance. The agent emphasizes that inquiries for viewings, document requests, and on-site guidance can be handled smoothly over the phone. The notes further highlight the agency's credentials: "Leave it to us! Established in 1982, with over 40 years of track record. 'We will support you step by step to get closer to your dream home!!'" Chubu Kōsan Corporation supports the search for ideal homes and income properties. Founded in 1982 and boasting over 40 years of experience, they cover the largest number of properties in the Okinawa prefecture real estate market. They offer dedicated support from first-time property purchases to addressing concerns about management, providing introductions to various loans, financial planning, and thorough advice on taxes and legal matters.
The property is positioned as an investment with future potential. While the current yield is stated at 3.53%, there is room for rental improvement through renovations or tenant turnover. The well-established Mihara area is popular with long-term residents, suggesting stable occupancy demand. This makes the asset suitable for both value-add investment strategies or stable, long-term holding.
