Investment Opportunity: Six-Unit Apartment Building in Urasoe, Okinawa
This property presents a solid investment opportunity in the sought-after Urasoe City area of Okinawa. It is a six-household, one-room apartment building constructed in October 1986, offering a total building area of 179.3 m² (approximately 54.24 tsubo) on a land plot of 142.8 m² (approximately 43.2 tsubo). The structure is a durable RC (reinforced concrete) build located in the Urasoe City Uchima 1-chome district.
According to the agent's special notes, the property's financial projections are clearly outlined: at full occupancy, the projected monthly income is 246,000 yen (including tax), leading to an annual income of 2,952,000 yen (including tax). The property is strategically situated near Pipeline-dori and within walking distance of elementary and junior high schools. It also offers excellent access to National Route 330, with supermarkets and convenience stores nearby, ensuring convenience for potential tenants.
The area of Urasoe is a vibrant residential city adjacent to Naha, offering a blend of urban convenience and local charm. An interesting fact about Urasoe is that it was once the seat of the Ryukyu Kingdom's government before the capital moved to Shuri in Naha. The property is conveniently located, with the closest major tourist attraction being the iconic Shuri Castle, a UNESCO World Heritage site and a symbol of Okinawa's rich Ryukyuan history, approximately a 15-minute drive away.
