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.