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Uruma City Apartment Building for Sale - 5.8% Yield

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¥150,000,000

Uruma City, Taba, Okinawa Prefecture

沖縄県うるま市田場

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Apartment Building Investment Opportunity in Uruma City, Okinawa

This is a prime investment opportunity for a four-story apartment building located in Uruma City, Okinawa. The property is currently fully occupied, offering immediate rental income with a surface yield of approximately 5.8%. The building features a reinforced concrete (RC) structure and was constructed in January 2003, making it 23 years old. It sits on a generous land area of 1,025 square meters (approximately 310.06 tsubo) with a total building floor area of 664.08 square meters (200.88 tsubo).

Critical agent notes have been translated and provide essential details. The location is within a one-minute walk from an elementary school, anticipating strong demand from families and making it a popular residential environment for child-rearing generations. In car-dependent Okinawa, the property offers exceptional convenience with a parking ratio of 200%, ensuring two parking spaces per household. A parcel delivery box is already installed. The first-floor units are differentiated by coming with private gardens, adding significant appeal. This is an entire apartment building income property (four stories). The surface yield is approximately 5.8%, and it is currently fully occupied.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Year built: 2003
Land size: 1,025 / 11,033sqft
House size: 664 / 7,148sqft

Short-Term Rental (Minpaku)

Transport

OKA

Naha Airport — 16 km away

Nearby Konbini

Lawson Lawson — 4 min walk

Internet Connectivity

Natural Hazard Assessment

Flood Risk Low Risk
Landslide Risk Moderate
Tsunami Risk Low Risk
Earthquake Hazard Moderate

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* Rental prices shown are monthly rates. Contact property owner for current availability.