Investment-Grade Apartment Building with Prime Naha Views
This is a substantial, income-generating apartment building located in the Akebono 1-chome district of Naha City, Okinawa. The property offers a compelling investment opportunity with a stated annual yield of 7.74% and a total annual income of 27.88 million yen. The building itself is a robust 10-story SRC (steel-framed reinforced concrete) structure built in March 1984. It encompasses a total floor area of 2,722.12 square meters (approximately 823.44 tsubo) on a land plot of 661.1 square meters (199.98 tsubo). The layout is highly functional: the first floor is dedicated to parking, the second floor houses rental office space, and floors three through nine contain 32 apartment units. The tenth floor is a rooftop area, providing potential for tenant amenities or simply a vantage point.
The agent provides extensive and valuable notes regarding trusted local contractors, which are a significant asset for any property owner. They can introduce reliable companies for various needs. This includes an RC (reinforced concrete) specialist builder with 30 years of experience constructing houses and apartments, offering costs from 800,000 yen per tsubo and the ability to source kitchens affordably. A renovation company handles thorough house cleaning, wallpaper replacement, floor re-laying, and shoji/fusuma screen repairs perfectly and inexpensively. A conscientious individual plumbing contractor addresses pipe leaks, water tank removal and direct water connection work, faucet leaks, clogs, and Washlet toilet seat installations. An individual electrician handles outlet relocation and addition, air conditioner removal, and replacement with LED lighting fixtures. Finally, a demolition company performs building dismantling at fair prices. The agent emphasizes that these subcontractors do reliable work at low cost because they do not spend on advertising, making their fees very reasonable.
