Investment Opportunity in Naha: 8th Floor Apartment with Sea Views
This concrete reinforced apartment, constructed using SRC (steel reinforced concrete) method, is located in Matsukawa, Naha City, Okinawa Prefecture. The property is situated on the 8th floor of a 9-story building built in 1975, offering a living area of approximately 14.2 square meters (about 4.3 tsubo). The layout is a single room (1R) with a western-style room of 5 tatami mats. The apartment comes with an elevator for convenience and features a sea view.
This is an owner-change property with a gross yield of 8.2%. The current monthly rent is 41,000 yen, providing an annual rental income of 492,000 yen. The property is currently tenanted, so the new owner can start receiving rent immediately. It is suitable for investment purposes, and after the current tenant vacates, it could also be used as a personal residence. The property is within an 8-minute walk from Asato Station, and the Okinawa Miyako Hotel bus stop is just a 1-minute walk away, offering excellent access to public transportation.
The monthly management fee is 3,370 yen, and the repair reserve fund is 4,490 yen. There is no deposit or key money required for this purchase. Parking is not available. The property has all ownership rights and is currently listed for sale. The delivery date is negotiable. This property is being handled by Ladies Estate & Business Co., Ltd., an Okinawa-based real estate agency that offers online viewing and remote contract services.
