City Heights Izumidai: An Investment-Ready 3LDK Apartment in Naha's Oroku District

This property is a 3LDK apartment located within the "City Heights Izumidai" building in the Oroku area of Naha City, Okinawa. Constructed in 1984, this reinforced concrete (RC) structure offers a solid and durable living environment. The apartment itself is currently tenanted, presenting an immediate income opportunity for an investor. The monthly rent is 68,000 yen, resulting in an annual rental income of 816,000 yen and a gross yield of 5.91%. The apartment covers approximately 55.94 square meters (about 16.9 tsubo) and features a functional 3LDK layout suitable for a family. The building is situated on elevated ground, providing pleasant views of the surrounding area.

The property's location is highly convenient for daily life. It is within walking distance of both elementary and junior high schools, and supermarkets are also nearby, ensuring a well-rounded living environment. Public transport is accessible via the Oroku Minami Elementary School Entrance bus stop, just a 4-minute walk away. In addition to the monthly rent, the tenant is responsible for a monthly management association fee of 1,500 yen. For the owner, the monthly management fees are 4,250 yen, with a repair reserve fund of 2,000 yen. One parking space is available at no extra cost.