Investment Apartment Building in Uruma City, Okinawa
This property is a four-story reinforced concrete apartment building located in Ishikawa-Higashionna, Uruma City, Okinawa Prefecture. Constructed in March 2012, the building is 14 years old and offers a total floor area of 1315.39 square meters on a land plot of 966 square meters. The building features a flat roof and is classified as a reinforced concrete (RC) structure.
The building contains eight residential units, each with a 3LDK layout and a private floor area of over 142.91 square meters. Each floor houses two corner units. The first floor includes parking for 16 cars, a garbage disposal area, vending machines, dedicated trunk rooms for each unit, a pet shower station, and a water storage tank. The second, third, and fourth floors each contain two 3LDK units. The rooftop is equipped with solar power generation equipment. Internet is connected, and the property has a connected water supply. The sewage system uses a combined treatment septic tank (50-person capacity).
As of April 2026, the property generates a monthly rent of 2,020,000 yen, totaling 24,240,000 yen annually. Additionally, solar power generation income is projected at 734,662 yen per year (for the period from June 2026 to May 2027). The total annual income is 24,974,662 yen, resulting in a gross yield of 6.93%. Annual running costs include rental management fees of 850,800 yen (managed by four companies), building management fees of 132,000 yen, and fixed property tax of 1,184,700 yen, totaling 2,167,500 yen per year. Additional costs such as septic tank inspection and pumping fees, and elevator periodic inspection fees will also apply. The fixed property tax for fiscal year 2026 is 1,184,700 yen.
Important notes for purchasers: The buyer is responsible for the ownership transfer registration fees and stamp duty on the contract. The property is delivered in its current condition (genjo-yu-arizumi), and the seller is exempt from liability for any contractual non-conformities. The solar power generation equipment attached to the property is not included in the sale price and will be transferred free of charge. The seller bears no responsibility for any malfunctions, failures, or fluctuations in income related to this equipment, and the buyer acknowledges and accepts this.
