Kurio Omiya Higashi Ichibankan: An Investment Opportunity in a Quiet Residential Area

This 3rd-floor, 2LDK apartment in Kurio Omiya Higashi Ichibankan presents a compelling investment opportunity. The property is currently tenanted, ensuring immediate rental income. For those interested in viewing the property, you are encouraged to contact the agent to arrange a convenient date for an inspection.

Critical investment details from the agent's notes include the construction company, Morigumi. The current monthly rent is 70,000 yen, resulting in an annual rental income of 840,000 yen. Based on the purchase price, this provides a projected simple yield of approximately 7.00%. It is important to note that this rental income and yield are not guaranteed to continue into the future. Furthermore, this projected yield is a simple calculation (total annual rent divided by purchase price) and does not deduct necessary expenses such as taxes, public levies, or maintenance fees.

The apartment itself offers 57.62 square meters of living space with a 2LDK layout, providing a comfortable and functional living environment. Its location on the third floor with a southwestern exposure ensures excellent sunlight and views. The building is a 3-story reinforced concrete structure, built in March 1991, and is situated in a quiet residential neighborhood in Saitama Prefecture.

The area of Minami-Nakamaru in Saitama City's Minuma Ward is a peaceful residential district. A notable local landmark is the Saitama Prefectural Museum of History and Folklore, which offers deep insights into the region's cultural heritage. The property benefits from convenient bus access to Omiya Station, a major transportation hub connecting you to greater Tokyo.