Investment Opportunity in Uruma: Tenanted Property with Solar Income
This property presents a compelling investment opportunity in Uruma City, Okinawa. It is a tenanted building currently generating a monthly rent of 250,000 yen, offering immediate cash flow and stability as an owner-change property. The calculated gross yield is an attractive 5.66%, enhanced by additional income from solar power generation, making it a dual-income asset.
The property is a reinforced concrete (RC) structure built in July 2004, comprising a total floor area of 181.18 square meters (approximately 54.81 tsubo) on a generous land plot of 275.53 square meters (approx. 83.35 tsubo). The layout is a functional 3LDK. The land is designated as residential land within a Category I Low-Rise Exclusive Residential Zone, and there is no private road burden. Parking is available for two vehicles. The transaction is handled as a general intermediary.
Located in the Kangesdan area of Uruma City, the property is situated in a quiet residential district. Uruma City is known for its beautiful bridges connecting several islands, most notably the iconic Kaichu-Doro (Ocean Road), which is a popular scenic drive and a symbol of Okinawa's unique landscape. For a major tourist attraction, the area provides relatively easy access to the Katsuren Castle Ruins, a UNESCO World Heritage site as part of the 'Gusuku Sites and Related Properties of the Kingdom of Ryukyu,' offering a deep dive into Ryukyuan history.