Investment-Grade Apartment Building in Okinawa City with Dual Income Streams
This is a fully occupied, 13-unit apartment building in Okinawa City, offering an immediate and stable income stream for investors. Priced at ¥205,000,000, the property boasts a gross yield of 5.67% and is a turnkey investment opportunity. A key feature is its dual revenue model: generating income from both tenant rents and solar power sales, with the latter contributing approximately ¥840,000 annually. This combination significantly stabilizes the overall investment returns.
The building, constructed in September 2014 (11 years old), is a robust 4-story RC (reinforced concrete) structure. It sits on a generous 876.22㎡ plot of land, with a total building area of 603.2㎡. The layout consists of 13 separate 2LDK (two bedrooms, living, dining, kitchen) units, each with a separate bath and toilet, making it ideal for families. The property includes private road maintenance for a 210.79㎡ area. It is conveniently located just a 2-minute walk from Hiyagon Elementary School and Hiyagon Kindergarten, ensuring strong, consistent demand from families.
Agent notes provide essential details on the surroundings and services. The neighborhood offers excellent convenience with FamilyMart Okinawa Yogi 3-chome Store and 7-Eleven Okinawa Yogi 3-chome Store both a 3-minute drive away. For groceries, the San-A V21 Shokuhinkan Takahara Store is a 7-minute drive. Dining options include McDonald's Awase Store (5-minute drive) and A&W Awase Store (2-minute drive). The Okinawa Prefectural Comprehensive Athletic Park is also just a 3-minute drive. The school districts are Hiyagon Elementary School (2-minute walk/1-minute drive) and Bito Junior High School (22-minute walk/7-minute drive).
The agent, Ye Station (San San Okinawa Coza Branch), emphasizes their 30 years of trust and track record in the region. As part of a national network with 206 branches, their local specialists focus deeply on central and southern Okinawa to provide the fastest information and optimal proposals. They offer a "Purchase Guide" to assist clients in finding their ideal property.
