Investment Opportunity: Modern 11-Unit Apartment Building in Uruma, Okinawa

This recently constructed apartment building in Uruma City, Okinawa, presents a compelling investment opportunity. The property is a multi-unit residential building with a total floor area of 271.56 m², situated on a 199.66 m² plot of land. Built in January 2023, the structure is a reinforced concrete (RC) construction, ensuring durability. The building is fully occupied with all 11 units currently leased, providing immediate rental income. The layout consists of one-room units, with Western-style rooms measuring 5.5 tatami mats (approximately 9.9 m²), and corner units slightly smaller at 4.7 tatami mats (approximately 8.5 m²).

Critical agent notes have been translated and provide essential financial and feature details. The Equipment/Facilities include internet connectivity, security cameras, gas dryers, and toilet bidet seats (washlets). Special Notes/Remarks reiterate these amenities: internet, security cameras, gas dryers, and toilet washlets. Further Remarks detail the investment metrics: the monthly rent is 544,600 yen (annual total of 6,535,200 yen), yielding a surface return rate of 5.1%. The construction company was Career Plan Co., Ltd., and the management company is Chubu Kōsan Co., Ltd.

The property is strategically located within walking distance of large commercial facilities, convenience stores, and a bus stop, with the "Akamichi Crossroads" bus stop just a 2-minute walk away. This ensures high convenience for tenants. The area is part of Uruma City, which is known for its beautiful coastline and bridges connecting several islands. An interesting fact about the region is that Uruma City was formed in 2005 from the merger of four towns and is named after the historical Ryukyuan kingdom of "Uruma." The closest major tourist attraction is the iconic Kaichu Road, a causeway that offers stunning drives and views across the East China Sea, connecting the islands of Miyagi and Henza.