Stable Income and Versatility in Okinawa City's Yogi Area
This multi-unit income property in Okinawa City's Yogi 1-chome offers a compelling investment opportunity with an estimated surface yield of approximately 5.4%. The building, with a total floor area of 257.83 m² on a 291.29 m² plot, is designed for stable revenue generation and excellent convenience. A key feature is its office-inclusive setup, which allows for versatile rental applications and caters to diverse tenant needs. The property consists of three units in total: one configured as an office, one 1LDK apartment, and one 4LDK apartment, providing a mix of residential and commercial income streams.
The location combines the tranquility of Yogi's residential environment with superb access to major roads. Daily conveniences are well-served, with AEON MALL Okinawa Rycom just an 8-minute drive away. Public transport is accessible via the "Daiichi Yogi" bus stop, approximately a 5-minute walk. The building is a reinforced concrete (RC) structure built in November 1999, with a building-to-land ratio of 70% and a floor area ratio of 200%. The land is designated for residential use with no specific land use zoning.
The Yogi area of Okinawa City provides a peaceful living environment while remaining well-connected. An interesting local fact is that Okinawa City, formerly known as Koza, has a rich cultural history deeply influenced by the post-war U.S. military presence, resulting in a unique blend of Okinawan and American culture, particularly evident in its music and cuisine. The closest major landmark is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a popular family destination featuring diverse wildlife and educational exhibits, located just a short drive from the property.