Investment Opportunity in Uruma: A Tenanted Property with Solar Income
This property presents a compelling investment opportunity in Uruma City, Okinawa. The building, known as "Uruma City Kengadan K-Town C Building," is currently tenanted and generating a monthly rent of 230,000 yen. This provides an immediate and stable income stream, making it an ideal owner-change property for investors seeking security. The surface yield is calculated at an attractive 5.21%. A significant additional feature is the supplementary income generated from solar power, enhancing the overall return on investment.
The property is a reinforced concrete (RC) structure built in July 2004. It offers a total floor area of 166.47 square meters (approximately 50.36 tsubo) with a 3LDK layout, situated on a generous land plot of 405.95 square meters (approximately 122.8 tsubo). The land rights are ownership (所有), and there is no private road burden (私道負担無し). The property includes parking for two vehicles. The location offers south-facing road frontage on a 6.1-meter wide road.
The area of Uruma City, formed from the merger of several towns, is known for its beautiful coastline and bridges connecting the islands of the Mid-Sea Road. An interesting fact is that the city is home to the Ikei Island, which is famous for its unique star-shaped sand. For a major tourist attraction, the property is within a reasonable distance from the Okinawa Memorial Park, a national government park established to commemorate the Battle of Okinawa and promote peace.