Investment Apartment Building in Kobe's Nada Ward

This multi-unit apartment building is located at Kobe-shi Nada-ku Kidamachi 5-chome in Hyogo Prefecture. The property is a reinforced concrete structure standing three stories high, built in October 1976. The building has a total floor area of 186.48 square meters and sits on a land area of 99.08 square meters. The land is under freehold ownership and is zoned as a Category 1 residential area with a building coverage ratio of 60% and a floor area ratio of 200%. The site fronts a public road of approximately 5.8 meters on its northwest side.

The building contains six residential units, each with a layout of 1DK and exclusive areas ranging from 28 to 30 square meters. There is no parking available on the property. The building is currently fully occupied with tenants in place, and the lease agreements will need to be taken over by the new owner.

The projected annual rental income for the property, assuming full occupancy, is 3,840,000 yen, which gives an estimated yield of 6.6% based on the asking price. The current annual rental income is 320,000 yen. Please note that the yield is calculated as the ratio of annual rental income (including common area fees, etc.) to the sale price, before deducting property taxes and other necessary maintenance costs. The projected rent and yield are estimates based on market rents and assume full occupancy, and future rental income is not guaranteed. Survey date: May 24, 2026.

The property benefits from excellent access to public transport, being a 6-minute walk from Shinkaichi Station on the Hanshin Main Line and an 11-minute walk from Rokkomichi Station on the JR Tokaido Main Line. The location is well-served by daily amenities and living facilities.