Rare Multi-Unit Investment Property with Panoramic Views in Uruma
This is a rare and comprehensive investment opportunity, being sold as a single package. The property includes an entire apartment building plus two detached houses (237.6㎡ and 21.41㎡). The detached house portions are currently leased and generating a steady monthly rental income of 230,000 yen. The expansive 1,414.24㎡ grounds offer a fantastic space for active family enjoyment, perfect for barbecues, playing catch, basketball, and other activities.
The property is a permitted group home and is also licensed and currently operating as a minpaku (private lodging). This versatile asset functions as an apartment building, a group home, and a minpaku, offering multiple revenue streams. It is fully occupied with an annual income of 9,408,000 yen, providing a stable yield of 6.82%. Situated on high ground, the location affords a breathtaking 360-degree panoramic view.
Located in Uruma City, Okinawa Prefecture, this property benefits from its position within the central part of the island. Uruma is known for its stunning coastal scenery and the iconic Kaichu Doro, a series of causeways connecting several islands that offer one of Okinawa's most picturesque drives. The area is a gateway to the rich marine life and cultural sites of the mid-islands. A major nearby landmark is the Katsuren Castle Ruins, a UNESCO World Heritage site that offers a glimpse into the Ryukyu Kingdom's history along with spectacular ocean vistas.