Investment Apartment Building in Uruma City, Okinawa

This is a 12-unit apartment building for sale in the Akamichi area of Uruma City, Okinawa. The property, built in September 1979, is a three-story reinforced concrete block (RCB) structure with a total floor area of 408.24m² situated on a 515.97m² plot of land. The layout is a 2DK configuration, featuring separate bath and toilet, a 4.5-tatami mat Japanese-style room, and a washing machine space on the balcony. The building is not pet-friendly.

Critical agent notes have been provided. The equipment and facilities include rooms with soundproofing work completed (air conditioning, room ventilation fan, range hood, soundproof sash). Additionally, exterior wall painting and rooftop waterproof coating work was completed in March 2020 (Reiwa 2). Special remarks reiterate the availability of soundproofed rooms and the recent exterior work. Further notes specify that the property is within the Nakahara Elementary School and Gushikawa Junior High School districts. It is located within a soundproofing work target area, with some rooms already having this work completed. Parking is available for each unit, with space for two cars in tandem (standard car + kei car). Interested parties are advised to contact for further details.

Positioned as a solid investment, the property is fully occupied with an annual rental income of 6,336,000 yen, yielding a surface return of 4.1%. Its location offers excellent convenience, being just a 7-minute walk from Nakahara Elementary School and a 6-minute walk from the San-A Gushikawa Main City shopping center. Access to Prefectural Routes 75 and 85 is also easy. The area is part of Uruma City, a municipality created from the merger of several towns, known for its bridges connecting the islands of Okinawa's mid-eastern coast. A major nearby landmark is the Katsuren Peninsula, famed for the UNESCO World Heritage site Katsuren Castle Ruins, which offers stunning views and a deep dive into Ryukyuan history.