Investment Opportunity in Uruma with Dual Rental Income and Solar Power Revenue
This unique property in Uruma City, Okinawa, presents a compelling investment opportunity combining residential rental income with solar power generation revenue. The building is a two-household structure, offering two separate rental units. The property boasts a total land area of 283.77 square meters and a building area of 252 square meters, constructed in September 2013 with a reinforced concrete (RC) structure. Its layout is a functional 2LDK, and a key feature is the stunning ocean view from the living room, allowing residents to feel the presence of the sea. The property is conveniently located within a 6-minute walk from the Kinwan bus stop.
Critical financial details from the agent's notes are as follows: Building A commands a monthly rent of 170,000 yen (2,040,000 yen annually), while Building B rents for 185,000 yen per month (2,220,000 yen annually). Additionally, the property benefits from solar power sales income under a fixed-price purchase agreement running from 2014 to 2034 (20 years). The system has an output of 10.8kW, generating an average monthly income of 34,700 yen. This results in a combined total annual income of 4,676,400 yen, contributing to a surface yield of 6.6% on the asking price of 69.8 million yen.