Investment Apartment Building in Urasoe City, Okinawa
This property is a 17-unit apartment building located in Urasoe City, Okinawa Prefecture. According to the agent's notes, it offers an annual rental income of 8,736,000 yen, resulting in a surface yield of 6.33%. The building is a composite-type condominium featuring a mix of 1K and 2DK units, situated near Urasoe High School. A key feature is that all 17 units have separate toilet and bath facilities. The exterior was fully painted and waterproofing work was completed in 2016 (Heisei 28).
The building itself is a reinforced concrete (RC) structure built in December 1989, making it approximately 36 years old. It sits on a land area of 267.69 square meters (approximately 80.97 tsubo) with a total building area of 475.86 square meters (approximately 143.94 tsubo). The property is located in a City Planning Area designated as an Urbanization Promotion Area, with a First Category Medium-to-High Rise Residential Use Zone. The floor-area ratio is 150% and the building coverage ratio is 60%.
