Stable Income Apartment Building with Dual-Tenant Structure in Okinawa City
This attractive mixed-use income-generating apartment building in Okinawa City's Ageta area offers a compelling investment opportunity with a projected surface yield of approximately 6.1% and annual income of about 21.92 million yen. The property's income is secured through a dual-tenant structure: Floors 2 through 4 are under a bulk lease agreement with a social welfare business, providing long-term, stable rental income. Meanwhile, the 5th and 6th floors are currently fully occupied by general residential tenants, ensuring immediate cash flow.
The building itself is a 6-story reinforced concrete (RC) structure built in July 2019, with a total floor area of 912.94 m² on a 515.42 m² plot of land. The layout includes a mix of units: 28 studio apartments (1K, 23.56 m²), two 1LDK units of Type A (47.12 m²), two 1LDK units of Type B (35.34 m²), and a 1st-floor office space (19.38 m²). Property features include separate bath and toilet facilities, air conditioning, an auto-lock security system, and an elevator. Please note that the floor plans provided are illustrative images, and the actual condition at the time of handover will take precedence.
The location offers excellent convenience for daily life, with Okinawa City Hall, MaxValu, and Kanehide supermarkets among the commercial facilities in the vicinity. Situated along a major thoroughfare in central Okinawa City, the property provides easy access in all directions. For further details, please feel free to inquire.
The listing is managed by Marui Real Estate LLC, which operates from an office in Gushikami, Ginowan City. The company focuses on real estate sales and purchase brokerage, buyout support, inheritance matters, and apartment management. Marui Real Estate prioritizes client satisfaction, aiming to be the 'best partner for housing and living,' helping clients achieve their goals and grow alongside the community. Their office is located at 3-17-10-102, Gushikami, Ginowan City, Okinawa Prefecture, with business hours from 09:00 to 18:00 on weekdays and 10:00 to 18:00 on Saturdays (closed Sundays and holidays). You can contact them at 098-800-2556. The office has parking for five cars in front.
The Ageta area is a well-established residential and commercial district within Okinawa City. An interesting local fact is that Okinawa City, formerly known as Koza, has a rich cultural history deeply influenced by its post-war relationship with the nearby Kadena Air Base, contributing to a unique blend of American and Okinawan culture. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a popular family destination featuring a wide variety of animals, a natural history museum, and expansive playgrounds.
