City Heights Izumidai 303: An Investment-Ready 3LDK Apartment in Naha
This 55.94m² apartment, located on the 3rd floor of a 6-story reinforced concrete building, offers a functional 3LDK layout suitable for families. The property features a combination of Western-style and Japanese-style rooms, with flooring in the living areas. Key amenities include a separate bath and toilet, an independent washroom, a counter-style kitchen with 3 or more burners, air conditioning, and a dedicated indoor space for a washing machine.
Currently tenanted, this property presents a turnkey investment opportunity. The monthly rent is 68,000 yen, resulting in an annual rental income of 816,000 yen and a gross yield of 5.91%. Monthly fees include a 4,250 yen management fee, a 5,000 yen repair reserve fund, and a 1,500 yen management association fee.
The apartment is situated in the Ororoku area of Naha City, Okinawa Prefecture. The location is within walking distance of elementary and junior high schools, and supermarkets are conveniently nearby. Being on high ground, the property benefits from good views and a quiet environment. Public transport access is available via a roughly 21-minute walk to the Monorail's Onoyama Park Station or a 4-minute walk to the Ororoku Minami Elementary School Entrance bus stop. The building includes one free indoor parking space, and pets are negotiable.
