There are no IRS reports you must file on the ownership of the apartment unless it is part of a trust or other investment account (specified foreign financial asset)- so the way you are reporting is correct.
Per IRS, a specified foreign financial asset is:
- Any financial account maintained by a foreign financial institution, except as indicated above
- Other foreign financial assets held for investment that are not in an account maintained by a US or foreign financial institution, namely:
- Stock or securities issued by someone other than a U.S. person
- Any interest in a foreign entity, and
- Any financial instrument or contract that has as an issuer or counterparty that is other than a U.S. person.
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