Investment Opportunity: Modern 9-Unit Apartment Building in Urasoe, Okinawa
This is a well-maintained, 9-unit apartment building located in the sought-after Urasoe City area of Okinawa. Constructed in August 2016, the property is a 4-story reinforced concrete (RC) structure featuring an auto-lock security system and a stylish exterior. The building comprises a mix of six 1LDK and three 2LDK units, offering a diversified rental portfolio. A significant feature is the large solar panel installation on the rooftop, which generates an estimated annual income of approximately 900,000 yen, providing an additional revenue stream on top of the rental income.
The property presents a strong investment case with an estimated annual rental income of around 7,900,068 yen. The projected yield at full occupancy during tenant turnover periods indicates further potential for future growth. The land area is 385.29 m² (116.55 tsubo) with a building area of 487.56 m² (147.49 tsubo). Its location is highly convenient, situated just an approximate 4-minute drive from the bustling Naha Shintoshin area and a mere 1-minute walk from the Serikaku 1-chome bus stop.
According to the agent's notes, the listing is managed by Marui Real Estate LLC (合同会社 丸伊不動産). The company is based in Ginowan City, Mashiki, and specializes in real estate sales and purchase brokerage, buyout support, inheritance matters, and apartment management. Marui Real Estate prioritizes customer satisfaction, aiming to be the 'best partner for housing and living' by providing sincere assistance to realize clients' happiness and grow alongside the community. Their office is located at 3-17-10-102, Mashiki, Ginowan City, Okinawa Prefecture. Business hours are 09:00 to 18:00 on weekdays, closed on Sundays and holidays. The contact number is 098-800-2556, and the office features parking for 5 cars in front. You are encouraged to feel free to inquire.
The surrounding Urasoe area offers a blend of residential comfort and urban accessibility. An interesting local fact is that Urasoe was once the seat of the Ryukyu Kingdom's government before it moved to Shuri. The property is also within a reasonable distance of major attractions, including the iconic Shuri Castle, a UNESCO World Heritage site and a magnificent reconstruction of the royal palace of the Ryukyu Kingdom.
