Investment Opportunity: Spacious Multi-Unit Apartment Building in Okinawa City
This property presents a significant investment opportunity in the convenient area of Okinawa City. The building is a reinforced concrete block (RCB) structure built in 1970, situated on a large plot of land measuring 915.37 square meters (approximately 276.89 tsubo). The total building area is 460.82 square meters (139.4 tsubo). The land is designated as residential land within a urbanization promotion area and a Category 1 Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%.
According to the detailed agent notes, the property is a multi-unit apartment building with a specific layout: the first floor contains one 4LDK unit, while floors 1 through 4 contain twelve 1LDK units. Currently, seven of these units are occupied. The property benefits from road frontage on two sides, enhancing access. The agent emphasizes that the large land area offers various possibilities for utilization. The sale price is listed as 95 million yen, but the notes explicitly state that the price is negotiable (売買価格相談可能). The location is noted for its convenience, being close to Murikawa Elementary School, commercial facilities, and a bus stop.
The listing is handled by Tomiya Real Estate, which specializes in rental apartments, condominiums, and parking spaces in Ginowan City and the Chubu region of Nakagami District, Okinawa. They also handle land, income-producing properties, commercial properties, and rental properties for U.S. military personnel.
