Large-Scale Income-Generating Property in Ishigaki City, Okinawa
This substantial commercial and residential property, located at 1157.05m² in the Ohama district of Ishigaki City, presents a significant investment opportunity. The building, constructed in 2008 (18 years old), is a robust RC (reinforced concrete) structure with a total floor area of 1088.11m². The layout comprises ten 2LDK units and three 3LDK units, alongside office and warehouse space, offering diverse rental income streams. The property boasts a favorable location with convenient access to amenities such as convenience stores, Don Quijote, Nitori, and Tokushukai Hospital, as well as Ohama Elementary and Junior High Schools, positioning it in an area poised for continued growth.
Special Notes/Remarks from the Agent: Currently, the first-floor office space is available for rent at 400,000 yen per month. This is a critical piece of information for potential investors considering the current income profile. The property's financial metrics indicate a potential gross yield of 6.69% at full occupancy, with the current yield standing at 5.04%.