Investment Opportunity: Mixed-Use Property with Apartment Building and Detached House in Yomitan, Okinawa
This unique property for sale in Yomitan Village, Okinawa Prefecture, presents a compelling investment opportunity, combining a four-story apartment building with a detached house on a single, expansive plot of land. The total land area is a substantial 2,558.00 sqm (approximately 773.79 tsubo), with the building area covering 605.94 sqm (approximately 183.29 tsubo). The apartment building, constructed in November 2006, is currently tenanted, offering immediate rental income.
The property's facilities are comprehensive. Equipment includes propane gas, city water supply, a septic tank, air conditioning, hot water supply, and electricity. The units feature separate bath and toilet areas, two toilets with warm-water washing toilet seats, showers, indoor laundry machine space, refrigerators, shutters, and ample storage space. Special notes indicate excellent sunlight exposure.
Critical agent notes provide essential details. The road access situation is detailed: one-sided road frontage to the southwest, with a road width of 5.7m, part of which is private road, a frontage of 6.2m, and with a designated location. Importantly, the sale includes the detached house located within the property grounds. The sale price, income, and parking spaces all include this detached house component. The building was constructed before the current land use zoning was designated; the area, including the immediate neighborhood, is now a zone where buildings of apartment building height cannot be constructed. A rent roll (income statement) is available upon request.
The detached house itself is a substantial property. Its overview is as follows: Structure: Reinforced concrete block (RCB) construction. Number of stories: 2. Built: October 2005 (Heisei 17). Floor area: 185.02 sqm (55.96 tsubo). Layout: 3LDK (LDK 35.5 jo, Western-style room 13.5 jo, Western-style room 10 jo, Western-style room 9 jo). Parking: 4 spaces (2 within a garage, 2 outdoors).
The property is situated in the Nagahama area of Yomitan Village, a location rich in history and natural beauty. Yomitan is renowned for its stunning coastline and cultural sites. A major landmark nearby is the iconic Zakimi Castle, a UNESCO World Heritage site, offering panoramic views and a deep connection to Ryukyuan history. The area provides a blend of coastal living and cultural depth, making it a highly desirable part of Okinawa.
