Investment-Grade Apartment Building in Uruma, Okinawa
This is a substantial apartment building located in Uken, Uruma City, Okinawa Prefecture, presenting a prime investment opportunity. The property is listed for sale at ¥170,000,000 and generates a significant annual income of ¥8,730,000, yielding an attractive capitalization rate of 5.1%. In addition to the standard rental income, the property benefits from a separate, stable revenue stream: a Docomo rooftop antenna installation provides approximately ¥46,000 in monthly income.
The building itself is a reinforced concrete (RC) structure built in September 2009, making it approximately 16 years old. It stands on a generous land plot of 1,133.75 square meters (approximately 342.95 tsubo), with a total building floor area of 660.96 square meters (199.94 tsubo). The urban planning designation is "non-line引" (non-linear) with no specified use district. The building coverage ratio is 60% and the floor area ratio is 200%. The land is registered as residential land (宅地) with no private road burden. The transaction is handled as a general intermediary (一般媒介).
According to the agent's notes, the property is categorized as an income-generating investment property (投資収益収益物件). No specific equipment details or additional remarks (備考) were provided in the listing.