Apartment Building Investment Opportunity in Uruma City, Okinawa

This listing presents a substantial investment opportunity: a 24-unit apartment building located in the C district of Uruma City, Okinawa. The property, constructed in August 2012, is a reinforced concrete (RC) structure with a total building area of 1,032 m² situated on a generous land plot of 1,135.63 m². The building is currently fully occupied, generating a projected annual rental income of 16,478,400 yen at full capacity, which translates to a yield of approximately 5.70%. The annual fixed asset tax for the 2025 fiscal year is 1,071,800 yen.

Critical agent notes have been translated and provide essential context for the property's location and convenience. The building is situated within close proximity to several major retail and commercial facilities: Make Man Gushikawa is only 270 meters away, while both San-A Main City and Aeon Gushikawa are 1.3 km from the property. For home improvement needs, Cainz is 2.3 km away, and the popular discount store Don Quijote is 2.7 km away. Regarding educational institutions, Nakahara Elementary School is 1.1 km away (a 14-minute walk), and Takaezu Junior High School is 1.9 km away (a 24-minute walk). Public transportation access is available via the "Esu Community Center Mae" bus stop, which is approximately a 5-minute walk.

The area of Uruma City is rich in history and natural beauty, formed from the merger of several towns. An interesting local fact is that parts of the city are located on the Katsuren Peninsula, which was once the seat of the powerful Katsuren Kingdom during the Ryukyu Dynasty. For investors or future residents, the property offers a strategic location with easy access to daily necessities and major retailers. The closest major tourist attraction is the iconic Katsuren Castle, a UNESCO World Heritage site located on the peninsula, offering breathtaking views of the East China Sea and a deep dive into Ryukyuan history.