Located in Hirara, Miyakojima City, this investment property presents an excellent opportunity in one of Japan's most sought-after island destinations. The four-story reinforced concrete apartment building, constructed in 2003, offers a total of 16 units comprising eight 1K apartments and eight 2DK apartments.
Situated on a generous 789.14 square meter lot with a total building area of 622.08 square meters, this property demonstrates strong rental potential with a current full occupancy rate. The building's western exposure features a 16-meter wide road access, ensuring convenient accessibility for residents.
When fully occupied, the property generates an annual rental income of ¥9,168,000, making it an attractive investment opportunity. Additional income is available through solar power generation. The property's location in Miyakojima, a popular tourist destination known for its beautiful beaches and tropical climate, adds to its investment appeal.
