Investment Apartment Building in Urasoe, Okinawa
This is a prime investment opportunity in the popular Urasoe area, offering excellent access to both the southern and central regions of Okinawa. The property is located just a 1-minute walk from Miyagi Elementary School, ensuring strong future demand. The building comprises a total of 14 rooms. The first floor features two office rooms, the second floor has two office rooms, and the second to fourth floors contain ten residential units.
According to the agent's special notes, this income-producing apartment in Urasoe's Miyagi district is now available! It boasts a popular location in Urasoe that is easily accessible to both the southern and central parts of the island. Being a 3-minute walk from Miyagi Elementary School indicates promising future demand. The layout consists of one office room on the first floor, one office room and two residential units on the second floor, and eight residential units on the third and fourth floors, totaling 13 rooms. The agent invites inquiries for this opportunity for a continuous, stable income.
The property is situated in a highly convenient location with supermarkets like San-A, Bikane Hide Supermarket, convenience stores, banks, and other amenities all within walking distance. The building is a reinforced concrete (RC) structure built in October 1985. The total floor area is 678.51 m² (205.25 tsubo) on a land plot of 304.35 m² (92.07 tsubo). The price is set at 120,000,000 JPY, offering a calculated yield of 6.6%.
The area of Urasoe is rich in history, once serving as the capital of the Ryukyu Kingdom before it moved to Shuri. A major nearby landmark is the Okinawa Prefectural Peace Memorial Museum, a profound site dedicated to reflecting on the history of the Battle of Okinawa and promoting peace.