Ayaman Apartments: A Prime Investment Opportunity in Kin, Okinawa
Presenting the Ayaman Apartments, a well-established 15-unit apartment building located in Kin, Kin Town, Okinawa. This property offers a compelling investment opportunity with a current gross yield of 5.7%, which is projected to increase to 6.15% following a scheduled rent revision in April 2026 (Reiwa 8). The property is being sold in its current condition, and the cost of a current condition survey will be borne by the seller.
The building is a three-story reinforced concrete (RC) structure built in March 2006. It comprises 15 individual 1DK units, arranged as five units per floor. Each unit features a separate bath and toilet, as well as storage space. A key feature is the on-site solar power generation system, which generates an estimated annual income from electricity sales of between 600,000 and 720,000 yen. Parking is available with one free space per unit; a second space incurs an additional monthly fee of 1,000 yen.
It is important to note that the building is currently fully occupied. Therefore, interior viewings are not possible at this time, but detailed explanations can be provided through photographs. The property is situated on a generous 1,298.25 square meter plot of land, with a total building area of 483.32 square meters. It is located outside of urban planning zones and has no designated use district.
The area of Kin Town in northern Okinawa offers a quieter, more residential atmosphere while remaining within reach of the island's major attractions. An interesting local fact is that Kin is home to part of the large US military installation, Camp Hansen. For investors or residents, the region provides easy access to Okinawa's renowned natural beauty. The closest major tourist attraction is the stunning Manzamo, a scenic cliff formation on the coast of nearby Onna Village, famous for its elephant trunk-like shape and breathtaking ocean views.
