Koroku Mansion 517: An Investment Apartment in Naha, Okinawa
This is an owner-change property currently occupied by a tenant, meaning it cannot be used for self-occupancy. It offers an attractive estimated yield of 5%. The apartment is situated on the 5th floor in a corner position and includes one secured parking space for a monthly fee of 4,000 yen.
The property itself is a 3DK layout with a total private area of 53.41 square meters (approximately 16.15 tsubo). The building is a 6-story reinforced concrete (RC) structure built in January 1974, making it 52 years old. Monthly fees include a 5,000 yen management fee and a 2,000 yen repair reserve fund. The building is part of a 75-unit complex with an active self-managed owners' association. Pets are allowed, subject to consultation.
The location is highly sought-after for its convenience. Akamine Station on the Okinawa Urban Monorail (Yui Rail) is about an 8-minute walk away, and the Shinmachi-guchi bus stop is approximately a 1-minute walk. Daily necessities are easily accessible, with supermarkets and hospitals located nearby, contributing to a secure and convenient living environment.
