Investment Opportunity: Four-Unit Apartment Building in Yomitan Village, Okinawa
This property presents a compelling investment opportunity in the sought-after area of Zakimi, Yomitan Village. It is a four-unit apartment building constructed in July 2020, offering modern construction and a stable rental income stream. The building features a reinforced concrete (RC) structure with a total floor area of 334.44 square meters on a spacious 443.1 square meter plot of land. The property is conveniently located just a 2-minute walk from the Zakimi bus stop.
Critical agent notes have been translated and provide essential financial details. The fixed asset tax is 396,200 yen for the Reiwa 7 fiscal year. The projected monthly rental income for each unit is as follows: Unit A: 185,000 yen, Unit B: 185,000 yen, Unit C: 170,000 yen, and Unit D: 179,000 yen. This results in a total projected annual income of 8,628,000 yen. The property is specifically marketed as rental housing for U.S. military personnel and related individuals, indicating a targeted and potentially stable tenant base.
The area of Yomitan is rich in history and natural beauty. An interesting fact is that Yomitan Village is known for its traditional pottery, called Yachimun, a craft with a history spanning over 300 years. The closest major landmark is the UNESCO World Heritage Site, Zakimi Castle Ruins, a 15th-century gusuku (Ryukyuan castle) offering panoramic views of the East China Sea and a glimpse into the Ryukyu Kingdom's past.
