Investment Opportunity in Okinawa City: A Currently Rented 2DK Apartment
This property presents a compelling investment opportunity in Okinawa City, Okinawa Prefecture. It is a 2DK apartment currently rented out, offering immediate rental income. The property is priced at 11,800,000 yen and is situated on a generous land plot of 433.54 square meters. The building itself is a 9-story reinforced concrete (RC) structure built in February 1988, with the specific unit located on the 2nd floor. The total floor area of the apartment is 38.95 square meters.
As detailed in the agent's notes, the apartment is equipped with several key features. The facilities include an indoor washing machine space, a system kitchen, propane gas, BS/CS satellite broadcasting capability, an independent washbasin, and air conditioning. The property is under a fixed-term lease agreement (定期借家契約) for two years, running from January 1, 2025, to December 31, 2026. This type of contract does not have a renewal option and terminates upon expiry. The current monthly rent is 80,000 yen (960,000 yen annually). Additional monthly costs for the tenant include a management fee of 10,470 yen and a repair reserve fund of 7,540 yen. The annual fixed asset tax is 36,700 yen (for the 2025 fiscal year). Parking is available via a contracted lot in the neighborhood. Please note that as the unit is currently occupied, interior viewings are not possible.
