Newly Built Investment Apartment in Urasoe with Strong Rental Yield
This modern apartment in Urasoe's Shiroma district presents an excellent investment opportunity, having been newly constructed in February 2024. The property is currently tenanted, generating a current annual income of 1,896,000 yen and offering a strong yield of 4.76%. The spacious 3LDK layout features a 13.4-jo living-dining-kitchen area and three Western-style rooms of 6.0, 5.5, and 5.2 jo respectively.
Critical agent notes have been provided and are translated in full: The property is currently tenanted, and internal viewings are not possible. The exclusive residential area is 64.98㎡, with a balcony area of 13.10㎡ and an alcove area of 2.88㎡. This is a pet-friendly property, with pet-keeping rules in place. Monthly fees are detailed as follows: management fee: 10,200 yen; repair reserve fund: 6,500 yen; internet usage fee: 770 yen; bicycle parking lot usage fee: 300 yen; motorcycle parking lot usage fee: 1,000 yen.
The 19-story building is well-equipped with modern amenities including an auto-lock entrance, elevators, a mechanical parking system, dedicated bicycle and motorcycle parking, a pet foot-washing area, a manager's office, collective post and parcel boxes, and an AED. The location is highly convenient, within walking distance of elementary and junior high schools and close to the major Route 58, making it an easy place to live.
The surrounding area of Urasoe is rich in history and culture, once serving as the capital of the Ryukyu Kingdom before Naha. A major nearby landmark is the Okinawa Prefectural Peace Memorial Museum, a poignant site dedicated to reflecting on the history of the Battle of Okinawa and promoting peace.