Investment Opportunity: Fully Occupied 12-Unit Apartment Building in Nago, Okinawa
This listing presents a fully occupied 12-unit apartment building located in the Dai-Minami district of Nago City, Okinawa. The property is currently generating stable rental income and offers a compelling investment opportunity with a projected annual yield of 8.40%. The total land area is 816.70 square meters (247.05 tsubo), comprising the building site and a separate nearby parking lot.
Critical agent notes have been provided, which include essential financial and physical details. The property's annual income at full occupancy is 8,294,400 yen. Additionally, there is projected solar power generation income of 79,992 yen starting from April 2026 (Reiwa 8). The fixed asset tax amount for 2025 (Reiwa 7) is 449,600 yen. The building site itself measures 436.39 square meters (132.00 tsubo). The nearby parking lot measures 380.31 square meters (115.04 tsubo), and it is important to note that this parking lot includes a private road burden of approximately 15 tsubo.
The building itself is a robust Reinforced Concrete Block (RCB) structure built in December 1982. It contains a total of 12 rooms: ten 2DK apartments and two commercial/office spaces. Parking is ample, with space for 18 to 20 vehicles split between 3-5 spaces on the main property and 15 spaces in the nearby lot. The area is noted for its high occupancy rates and ease of finding tenants, contributing to the property's strong performance.
