Investment Opportunity: Fully Occupied Apartment Building in Yonabaru, Okinawa

This listing presents a compelling investment property: an apartment building located in Yonabaru Town, Okinawa. The property is currently fully occupied, ensuring immediate rental income and an estimated yield of approximately 6.46%. The land size is a substantial 490 square meters, offering significant scale. The building itself is a reinforced concrete (RC) structure built in July 1987, making it 38 years old. It is situated in a designated urbanization area within a Category 1 Residential zone.

According to the agent's special notes, the property is offered in its current condition. The remarks state: "We ask for handover in its current condition. Please feel free to inquire." This indicates the property is being sold as-is. The listing also notes that the property is suitable for a corner lot, individuals living alone, and families. Pets are permitted, specifically allowing up to two medium-sized dogs or cats.

The location offers excellent convenience for daily life, positioned just behind National Route 331. Public transport access is also favorable, with the "Chinen High School Mae" bus stop approximately a two-minute walk away. The property has no private road burden, and the building coverage ratio is 60% with a floor area ratio of 200%.

The surrounding area of Yonabaru is a town rich in history and culture on Okinawa's main island. An interesting local fact is that Yonabaru was once a major port for the Ryukyu Kingdom's trade with China and Southeast Asia. A major tourist attraction nearby is the iconic Shuri Castle in Naha City, a UNESCO World Heritage site and the former palace of the Ryukyu Kingdom, which is approximately a 20-minute drive from Yonabaru and offers breathtaking views and deep historical significance.