Re-Life III: A Newly Built Apartment Building in Kurashiki, Okayama
This property, Re-Life III, is a single apartment building located in the highly convenient Kita-1-chome area of Kurashiki City, Okayama Prefecture. Completed in March 2021, this is a relatively new building with a lightweight steel frame structure. The building comprises a total of 8 units and offers a stable investment opportunity.
The property is situated just a 2-minute walk (160 meters) from the Sakae Station on the Mizushima Rinkai Railway, making it very convenient for commuting to work or school. The land area is 432.92 square meters, and the total building floor area is 241.22 square meters. The building is a 2-story structure and is currently occupied by tenants.
This is an owner-change property, meaning you can start receiving rental income immediately after purchase. The estimated annual income is 4.8 million yen, offering a gross yield of 6%. All rooms are currently guaranteed under a sublease agreement (400,000 yen per month), and continued guarantees are possible.
The property includes one free parking space. Equipment features include air conditioning, separate bath and toilet, a warm-water bidet toilet seat, an indoor washing machine space, and a TV monitor intercom. Please note that the management company and gas company are designated. The seller will not pay the agent fees for the buyer.