Investment-Grade Apartment Building in Urasoe, Okinawa
This three-story apartment building presents a compelling investment opportunity in the well-located Urasoe Nakanishi area. Currently fully occupied and generating stable rental income, the property is oriented to the east, offering pleasant views and good access to Route 58. The building features a total of 16 units, with layouts ranging from 1K to 1DK. Each unit has a different exclusive area. The property includes a generous plot of land with a flat parking lot providing 16 spaces, one for each unit.
According to the agent's notes, the monthly rent per unit ranges from 26,000 to 30,000 yen, contributing to an annual income of 5,824,354 yen. The building was constructed in February 1968, making it 58 years old, and features a reinforced concrete block (RCB) structure. The total land size is 1,021 square meters (approximately 308.85 tsubo), with a building area of 338.57 square meters.
The surrounding neighborhood offers excellent convenience. Supermarket Komkom is just a 4-minute walk (approx. 310m) away. Daily necessities are within easy reach with Family Mart Serikaku 2-chome store an 8-minute walk and San-A V21 Miyagi Shokuhinkan a 10-minute walk. For dining, Burger King is an 11-minute walk. Residents have access to green spaces at Miyanoura Children's Park (6-minute walk) and Chonda Park (9-minute walk). The area is also served by Miyagi Kindergarten and Nakanishi Kindergarten, as well as Nakanishi Elementary School.
Urasoe City is rich in history, being the site of the former Ryukyuan capital of Urasoe Castle before the capital moved to Shuri. A key landmark in the area is the Okinawa Convention Center, a major venue for events and exhibitions, located just a short drive away.
