Apartment Investment Opportunity in Uruma City, Okinawa
This is an owner-change income property located in Uruma City's Midori-cho, within a land readjustment area. The three-story apartment building consists of six total units, configured with three 1LDK-type and three 2LDK-type layouts. The property is currently fully occupied, generating a stable annual rental income of 3,996,000 yen, which corresponds to a surface yield of 4.44%. Due to full occupancy, interior viewings are not possible at this time, but inquiries are welcomed.
Critical agent notes have been translated: The rooftop is equipped with solar panels. All units feature separate bath and toilet, electricity, water and sewer systems, hot water supply, and air conditioning. The building's design differs between the first floor and the second to third floors in terms of room orientation and layout. Every unit is designed as an efficient living space, ensuring high livability. All rooms are corner units, allowing ample natural light to stream in, creating bright and cheerful interiors.
The location offers excellent convenience for daily life, with proximity to schools, supermarkets, convenience stores, and restaurants. The property is situated approximately one minute by car from the Agena intersection heading towards Uruma City Hall, and about one minute by car after turning left at the intersection with a Sushiro restaurant.
The surrounding area of Uruma City is part of central Okinawa, offering a blend of residential comfort and access to the island's renowned coastal scenery. An interesting local fact is that Uruma City was formed in 2005 from the merger of four towns, symbolizing unity. The closest major tourist attraction is the iconic Katsuren Castle, a UNESCO World Heritage site with breathtaking views of the East China Sea, located just a short drive away.