Investment Opportunity in Okinawa City with Existing Tenant
This property presents a compelling investment opportunity in Okinawa City. Currently, the unit is leased under a fixed-term tenancy agreement, generating a stable monthly rental income of 80,000 yen (960,000 yen annually). The property offers a yield of 8.13%. After the tenant vacates, the space can also be utilized as a personal residence. Please note that the parking space is leased separately at a nearby location.
The property is a 2DK apartment with a Western-style layout, located on the 3rd floor of a 9-story reinforced concrete (RC) building constructed in February 1988. The total building area is 1,712.8 m², and the land area for the property is 433.54 m². The location is highly accessible, with the "Koya" bus stop approximately a 3-minute walk away. The property is situated in a commercial zone with an 80% building coverage ratio and 400% floor area ratio.
The listing agent, LifeLulu Corporation, provides comprehensive services. Their philosophy is to provide an environment where clients, employees, and everyone can enjoy a wonderful, better (Lulu) life. Their services include: rental and apartment management assistance, including rent review consultations; buying and selling, offering simulations to propose optimal properties for home purchases or real estate investments; inheritance planning, assisting with inheritance tax measures, leased land processing, and asset restructuring for the next generation; surveying and registration support in collaboration with experts; real estate acquisition (they will buy any property); and free real estate appraisals. They aim to be a casual consultation office for all real estate matters.
For clients considering a home purchase, LifeLulu addresses common concerns such as not knowing where to start, wanting to build an asset instead of paying rent, or anxiety about mortgage repayments. They emphasize that purchasing a home is a major life event and while they support all procedures, their focus is on removing as many client anxieties as possible before purchase. They note that the purchase itself is not as difficult as one might think; the challenge often lies in the aftermath with monthly repayments, tax affairs, declarations, and inheritance matters. They are committed to helping clients with forward-thinking home purchases.
