Mixed-Use Apartment Building in Uruma with Rooftop BBQ Terrace and Panoramic Views
This modern, mixed-use apartment building in Uruma City, Okinawa, presents a compelling investment opportunity with a current full occupancy rate and an annual rental income of 18.82 million yen, yielding a surface return of 6.2%. The property comprises eight total units: six 3LDK apartments for US military personnel and two 1-room apartments for civilian tenants. The building features a generous 21 parking spaces.
As detailed in the agent's notes, the property is equipped with a rooftop BBQ terrace and security cameras. The rooftop BBQ terrace offers stunning panoramic views of the sea, mountains, and city, providing a unique amenity for residents. The inclusion of security cameras enhances the safety and security of the premises.
Constructed in May 2020, this 5-year-old reinforced concrete (RC) building sits on a land area of 1,040.95 sqm. The total building area is 1,277.97 sqm. The layout consists of 3LDK units (with room sizes approximately 10.6, 9.7, and 8.5 tatami mats, and a 30-tatami mat LDK area) for the military housing portion. The property is pet-friendly and includes an elevator and auto-lock system. The location is highly accessible, with the Okinawa Koto Tokubetsu Shien Gakko Mae bus stop approximately a 3-minute walk away.
The area of Uruma City is rich in history and natural beauty, formed from the merger of several towns. A notable nearby landmark is the Katsuren Peninsula, known for the UNESCO World Heritage site Katsuren Castle Ruins, which offers breathtaking views of the East China Sea and a glimpse into the Ryukyu Kingdom's past.
