Investment Opportunity: Six-Unit Apartment Building in Uruma City, Okinawa
This property presents a compelling investment opportunity as a six-unit apartment building currently fully occupied, offering a stable rental income stream. The building, constructed in May 1998 (27 years old), features a reinforced concrete block (RCB) structure and sits on a generous land area of 316.45 square meters (approximately 95.72 tsubo). The total building area is 283.42 square meters.
The property is equipped with essential utilities: electricity, water, and propane gas. A critical note from the agent states that all units are currently rented out, yielding an attractive estimated return of 4.8%. The agent encourages inquiries, noting that bright and friendly sales staff are ready to assist and provide guidance upon your visit or contact.
Located in Uruma City's Midoricho 5-chome, the area offers excellent convenience. The property is near Uruma City Hall, and convenience stores and supermarkets are within walking distance. The neighborhood provides a practical and accessible living environment for residents.
Uruma City, situated on Okinawa's main island, is known for its beautiful coastline and rich history, having been formed from the merger of several towns. An interesting local fact is that the city is home to the iconic Mid-Sea Road, a series of causeways and bridges connecting several islands, offering breathtaking ocean views. The closest major tourist attraction is the Katsuren Castle Ruins, a UNESCO World Heritage site offering panoramic views and a deep dive into the Ryukyu Kingdom's history.
