Investment-Grade Apartment Building in Naha's Shuri Ishizaki District
This modern four-story apartment building, constructed in September 2017, presents a compelling investment opportunity in a highly convenient area of Naha City, Okinawa. The property offers a gross surface yield of 4.86% and is strategically located along Prefectural Route 29, with the Yui Rail monorail's Ishizaki Station just a 10-minute walk away. The building itself spans a total floor area of 447.45m² on a 453.03m² plot of land, featuring a reinforced concrete (RC) structure.
The layout is configured for optimal rental income, comprising two commercial shop units, six 1K studio apartments, and two 1LDK (one bedroom, living-dining-kitchen) units. The property is equipped with solar panels, enhancing its energy efficiency and reducing operational costs. As per the agent's special notes, the surrounding area is exceptionally well-serviced. Key amenities include the FamilyMart Shuri Joto store just a 1-minute walk away, Co-op Shuri a 2-minute drive, and the Shuri Ryubo shopping facility a 3-minute drive. Educational institutions such as Joto Elementary School (4-minute walk) and Ishizaki Junior High School (6-minute walk) are within easy reach, alongside the Okinawa Prefectural Kaiko High School and Okinawa Prefectural University of Arts.
The location in Shuri Ishizaki-cho offers a blend of daily convenience and cultural proximity. A notable nearby landmark is the UNESCO World Heritage site, Shuri Castle Park, approximately a 6-minute drive from the property. This historic symbol of the Ryukyu Kingdom adds significant cultural and touristic value to the area. The property is ready for consultation regarding terms of transfer, inviting interested investors to inquire for further details.