Compact and Convenient Investment Apartment in Komatsu, Ishikawa
This 1991-built apartment offers a compact 1K layout with a total floor area of 17.54 sqm (approximately 5.3 tsubo), located on the 2nd floor of a 6-storey SRC (steel-reinforced concrete) building. The property features a balcony of 2 sqm with eastern exposure. Essential equipment includes an IH cooking heater, air conditioning, an auto-lock security system, and an elevator. The building management is partially outsourced with a roving manager. A recent renovation in September 2024 updated the kitchen and toilet, including the replacement of the IH stove. The property is currently tenanted, with an estimated annual rental income of 300,000 yen and a projected yield of 13.6%. The transaction is handled as a general intermediary.
The location is exceptionally convenient, within a 5-minute walk from Matsuto Station on the IR Ishikawa Railway. The area is rich with commercial facilities, including Barro Matsuto store (710m) and Osaka-ya Shop Matsuto store (1,041m) for shopping, a 7-Eleven Kiokku JR Matsuto Station store (371m), and a pharmacy. The property is situated in the quasi-industrial zone. The price is 2.2 million JPY with monthly management fees of 6,000 yen and a repair reserve fund of 2,960 yen. Parking is available (other arrangements).
The surrounding Komatsu and Hakusan area is part of the larger Kaga region, famous for its hot spring resorts like Yamashiro Onsen. A key local landmark is the Komatsu Airport, a major transportation hub for the Hokuriku region, facilitating access to both domestic and international destinations.