Investment Apartment Building in Nishihara Town, Okinawa

This property is a 15-unit apartment building located in the Nishihara Town area of Okinawa Prefecture. The building was constructed in July 1992, making it 33 years old, and features a reinforced concrete block (RCB) structure. The total land area is 193.38 square meters (approximately 58.5 tsubo), with a building area of 286.2 square meters (approximately 86.58 tsubo). The property is situated on a 4-meter wide road to the south within an urbanization promotion area zoned for Category 1 Medium-to-High-Rise Residential use.

As detailed in the agent's special notes, the building consists of 15 households, each configured as a 1-room layout with a 10-tatami mat Western-style room. A key financial highlight provided is the projected yield of 7.9% when the building is fully occupied. The layout is officially noted as '1ルーム(洋10※1ルーム（洋10）×15世帯)', confirming the single-room configuration replicated across all units. Pets are not permitted in the building.

The location offers convenient access, with the Teda Kouranishi Monorail Station approximately a 21-minute walk away and the Tanabaru bus stop just a 4-minute walk. The property is being sold via an exclusive intermediary transaction. The price is set at 75,000,000 JPY.

The surrounding area of Nishihara Town offers a blend of residential calm and accessibility to central Okinawa. An interesting local fact is that the town is home to the University of the Ryukyus, one of Okinawa's most prominent national universities, contributing to a vibrant academic atmosphere. For tourism and recreation, residents and visitors are within a reasonable distance of the stunning Nakagusuku Bay, known for its historical castle ruins (Nakagusuku Castle) which are a UNESCO World Heritage site, offering panoramic views and a deep dive into Ryukyuan history.