Re-Life II: A Profitable Apartment Building in Kurashiki

This property is a one-building apartment complex named Re-Life II, located in the highly convenient Kitauno 1-chome area of Kurashiki City, Okayama Prefecture. It is a relatively new building, completed in March 2020. The property offers excellent access to public transport, being just a 2-minute walk (160 meters) from Sakae Station on the Mizushima Coastal Railway, making it convenient for commuting to work or school.

The building is a lightweight steel frame structure with a total of 12 units. The land area is 816.75 square meters (approximately 247.07 tsubo), and the total floor area is 586.46 square meters (approximately 177.40 tsubo). The property is currently tenanted (owner-change), meaning the new owner can start receiving rental income immediately. The projected annual income is 9,650,000 yen, with a gross yield of 6.03%. This is a Daiwa House property with a 19-year depreciation schedule.

Equipment and facilities include: propane gas, air conditioning, separate bath and toilet, a warm-water bidet toilet seat, a reheating function for the bath, an indoor space for a washing machine, internet connectivity, a TV monitor intercom, and security cameras. Special notes from the listing state that there is parking for two cars, with one parking space being free of charge. Remarks indicate that the management company and gas company are designated, and the seller will not pay the brokerage fee.