Investment Opportunity in Uruma: A Tenanted Property with Solar Income
This property, located in the Kankadan area of Uruma City, Okinawa, presents a compelling investment opportunity. Currently tenanted with a monthly rent of 240,000 yen, it offers a stable income stream and peace of mind as an owner-change property. The surface yield is an attractive 6%, and the investment is further enhanced by additional revenue generated from solar power. For those interested in real estate investment, Orion Real Estate invites you to entrust them with your search. They also have numerous unlisted properties available and encourage you to contact them for a consultation.
The property itself is a substantial two-story RC (reinforced concrete) structure built in July 2004. It offers a spacious 3LDK layout with a total floor area of 171.14m² (approximately 51.77 tsubo). The living-dining-kitchen area is a generous 24.4-tatami mat space. The home features multiple Western-style rooms, including an 8-tatami room on the first floor and 11.3-tatami and 11-tatami rooms on the second floor. The master bedroom includes an ensuite toilet and shower room, as well as a walk-in closet. Additional amenities include an entrance storage area, kitchen storage, a balcony, a garden, and parking for two vehicles. The land area is a significant 296.46m² (approximately 89.68 tsubo) with no private road maintenance burden.
The property is situated in Uruma City, a municipality formed from the merger of several towns on Okinawa's central east coast. The area is known for its beautiful coastline and the iconic Kaichu Doro, a causeway that connects several islands and offers stunning ocean views. A major nearby landmark is the Katsuren Castle Ruins, a UNESCO World Heritage site that offers a glimpse into the Ryukyu Kingdom's history and panoramic views of the surrounding sea.