Apartment Building Investment Opportunity in Uruma City, Okinawa

This is a three-story apartment building located at 5-chome, Midori-cho, Uruma City, Okinawa Prefecture. The property is a revenue-generating investment asset consisting of six households, each configured as a 2LDK layout. The building was constructed in May 1998, making it 27 years old, and features a reinforced concrete block (RCB) structure. The total land area is 316.45 square meters (approximately 95.72 tsubo), with a building area of 283.42 square meters (approximately 85.73 tsubo). The property is situated on land designated for residential use within a Category I Mid-to-High Rise Exclusive Residential District, with a building coverage ratio of 60% and a floor area ratio of 200%.

According to the agent's notes, this is an 'Owner Change' opportunity. The property is noted as a solid investment asset offering stable returns and future potential. The location is highly convenient for daily living, with schools, supermarkets, convenience stores, and restaurants all within easy reach, enhancing its appeal to potential tenants. The property is listed for sale at a price of 68,000,000 yen.

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 Midori Sea. An interesting fact is that the iconic Kaichu Road (Ocean Road), which appears to float on the water, is located nearby and is a popular scenic drive. The closest major tourist attraction is the Katsuren Peninsula, known for the UNESCO World Heritage site Katsuren Castle Ruins, which offers panoramic views of the East China Sea and a glimpse into the Ryukyu Kingdom's history.