Investment-Grade Apartment Building in Urasoe, Okinawa
This substantial apartment building, located in Uchimachō 5-chome, Urasoe City, presents a prime investment opportunity with a significant annual income of ¥20,556,012 and a surface yield of 5.33%. The property has been recently price-adjusted to ¥385 million, offering enhanced value for a large-scale asset. Designed as a family-friendly rental, it promises stable and secure investment management. The building boasts a sophisticated exterior and is relatively new, having been constructed in June 2015 (approximately 10 years old).
The agent's special notes provide crucial insights and a direct message to potential buyers: "To customers considering a home: Are you unsure where to start after deciding to buy a house? Would you rather purchase an asset than pay rent for an apartment? Are you anxious about whether you can manage mortgage repayments? Buying a home is the biggest event in your life. Purchasing involves various procedures. Our company not only supports you through these procedures but also strives to eliminate as many of your anxieties as possible before you buy! Buying is not as difficult as you might think. In fact, the harder part comes after the purchase: monthly repayments, tax matters, declarations, inheritance issues... We will assist you in purchasing a home with the future in mind!" The agent, LifeLulu Co., Ltd., can be contacted at TEL: 098-988-5081, FAX: 098-988-5082, E-mail: [email protected], URL: https://www.lifelulu-kanri.okinawa/. Their business hours are 10:00–18:00, closed Saturdays and Sundays, though weekend viewings are possible by prior appointment.
The property sits on a generous 822.11 m² plot with a total building area of 1,093.98 m². It features a 3LDK layout (Western-style rooms of 5.6, 5.9, and 6 tatami mats, plus an 11.1 tatami mat LDK) across 15 units. The reinforced concrete structure includes separate bath and toilet facilities, a reheating function for hot water, and air conditioning. Parking is ample with 7 tandem and 9 parallel spaces. The location is highly convenient, just a 1-minute walk from the "Uchima Nishikōen-mae" bus stop.
The Urasoe area offers a blend of residential comfort and accessibility. An interesting historical fact is that Urasoe was once the seat of the Ryukyu Kingdom before the capital moved to Shuri in Naha. The property is conveniently located not far from major Okinawan attractions, with the iconic Okinawa Churaumi Aquarium in Motobu being a world-renowned destination easily accessible for day trips.
