Arcadia Kusatsu: A Resort Condominium with Onsen and Investment Potential
This property is a 2K unit within the Arcadia Kusatsu resort condominium complex, offering a unique combination of personal retreat and investment opportunity. The unit is currently tenanted under a fixed-term lease agreement until the end of February 2028, generating a monthly rent of 70,000 yen with a one-month security deposit, and is presented as an owner-change sale by the listing agency. With a purchase price of 7 million yen, the projected gross yield is 12%. The interior spans 30.84 square meters with an additional 3.25 square meter south-facing balcony, situated on the 4th floor of a 12-story building constructed in 1991.
The property's equipment and facilities are detailed as follows. The hot water supply is provided by the town's heated water system. The kitchen is equipped with an electric cooktop. For heating, the unit features panel heaters and floor heating. There is no air conditioning installed.
A key feature of Arcadia Kusatsu is its extensive shared resort amenities. Residents have 24-hour access to a large onsen bathhouse featuring naturally flowing hot spring water (with heating and dilution) and an open-air bath. Please note that inspection of the large bathhouse is only possible between 12:00 and 15:00. Other facilities include a lobby with Wi-Fi, a currently suspended indoor pool, coin-operated laundry, a game room with table tennis and billiards, and owner-exclusive guest rooms available for a fee. The building has secured entry and offers both paid indoor and free outdoor parking.
Monthly fees include a management fee of 12,995 yen and a repair reserve fund of 7,628 yen, totaling 20,623 yen. Additional monthly utilities cover sewerage, heated water usage, and onsen usage charges. The location in Kusatsu Town, Gunma Prefecture, is within walking distance of the local shopping district. The area is globally famous for Kusatsu Onsen, one of Japan's most renowned hot spring resorts, known for its high-quality, acidic waters believed to have therapeutic benefits. The iconic Yubatake ("Hot Water Field"), the central source of the town's hot springs, is a major tourist attraction just a short distance away.