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Kutchan S2E1 : Entire Apartment Building

¥ 180,000,000
Kutchan S2E1 : Entire Apartment Building, Kutchan Town,
FOR SALE

Overview

  • 7
  • 7
  • 489 m2
  • 979 m2
Amenities
Car Parking
Convenience
On Bus Route
Walk to Cafés
Walk to Groceries
27. China, rice, food Walk to Restaurants
Premium Features
Mt Yotei Views

Description

Interesting investment opportunity for an apartment block with 10 rental units located in the center of Kutchan Town, conveniently located a 12-minute walk from Kutchan Station and a 6-minute walk to a supermarket.

Built in 2016 with 10 easy to rent 1BR apartments, and one 2LDK (total of 11 apartments), this newer apartment block is an interesting investment opportunity. With its convenient central location in Kutchan, the building is ideal for long term leases or seasonal staff accommodation. There is a lease agreement for the ten 1BR units, which are rented out for 67,000 yen per month (8,040,000 yen per year). This earns a 4.47% gross return on investment, excluding the 2LDK apartment which is currently used as the manager’s residence.

The land has a 2 car garage (34.78m2), currently used by the owner himself.

View | Floorplan
Amenities
Car Parking
Convenience
On Bus Route
Walk to Cafés
Walk to Groceries
27. China, rice, food Walk to Restaurants
Premium Features
Mt Yotei Views
Address: Kutchan S2E1 : Entire Apartment Building, Kutchan Town
City:
State/County:
Country: Japan
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