Nakazato Apartment: A Fully Occupied Investment Property in Urasoe
This listing presents Nakazato Apartment, a nine-unit apartment building located in Urasoe City, Okinawa. The property is currently fully occupied, generating a stable annual rental income of 4,092,000 yen, which translates to a yield of approximately 8.89%. The building is constructed with reinforced concrete block (RCB) and was built in 1976, making it 50 years old. The total site area is 248 square meters (approximately 75.02 tsubo), with a total building area of 114.44 square meters (approximately 34.61 tsubo).
The location offers significant convenience for daily life. The property is within a one-minute walk of Uchima Elementary School and within walking distance of Uemori Junior High School. Essential amenities such as convenience stores and supermarkets are also within a five-minute walk, making it a highly practical location for residents. The property does not include parking facilities. The transaction method is exclusive agency, and the handover date is negotiable.
