Stylish Designer Apartment Building in Urasoe, Okinawa
This distinctive designer apartment building, located in the quiet residential area of Uchinan, Urasoe City, presents a compelling investment opportunity. The property features a unique external and internal insulation construction method, ensuring it stays cool in summer and warm in winter. The building comprises four households, with one unit per floor, and is currently fully occupied. Security is enhanced by an auto-lock entrance system.
According to the agent's special notes, the property generates a monthly income of 376,000 yen, amounting to 4,512,000 yen annually. Additionally, the installed solar panels contribute an extra 300,000 yen in annual income. When combined, the total annual income at full occupancy reaches 4,812,000 yen. This results in a calculated yield of 5.53%. The building spans a total floor area of 278.44 m² on a 207.24 m² plot of land. The layout is a spacious 3LDK, and the property is pet-friendly. It was built in July 2009, making it 16 years old, and is constructed with a reinforced concrete (RC) structure. The transaction is handled as an intermediary sale.
The area of Urasoe offers a blend of residential calm and urban convenience. An interesting historical fact about Urasoe is that it was once the seat of the Ryukyu Kingdom's government before the capital moved to Shuri. The property is well-connected, with the Uchinan Community Center bus stop approximately a 3-minute walk away. For leisure and tourism, residents are within a reasonable distance from major attractions like the Okinawa Prefectural Peace Memorial Museum, a significant site reflecting on the region's history.
