Investment Opportunity in Uruma: Small-Scale Owner-Change Apartment Building

This property presents a compelling small-scale owner-change investment opportunity in the Uruma City area of Okinawa. The building is a reinforced concrete block (RCB) structure built in June 1976, offering a total land area of 205 square meters (approximately 62.01 tsubo) and a building area of 95.73 square meters (28.95 tsubo). The property is situated on a corner lot with no private road burden and is designated for ownership rights within a Category 1 Residential zone.

As a revenue-generating property, it currently has two rooms on the first floor rented out, generating a combined monthly income of 85,000 yen. The second floor has one vacant room, offering immediate potential for additional rental income. The property also includes parking for up to six vehicles, a significant asset for tenants. The layout is noted as 3DK and 2DK on the first floor, with a 1DK on the second floor. A critical special note from the agent states: School District: Kanehara Elementary School / Gushikawa Junior High School. The second-floor living space will be delivered after registration. This note is essential for understanding the transfer process and the local school catchment area.

The area of Uruma City offers a blend of residential convenience and access to Okinawa's renowned coastal scenery. An interesting historical fact is that the city was formed in 2005 through the merger of four towns, symbolizing a new chapter for the region. The closest major tourist attraction is the iconic Kaichu Doro (Ocean Road), a causeway offering stunning panoramic views of the East China Sea, connecting the main island to the Henza, Miyagi, and Ikei islands, and providing a unique driving experience amidst turquoise waters.