Investment Opportunity in Sapporo: High-Yield Studio Apartment
This property is a studio apartment (one-room layout) located on the 2nd floor of an 11-story building in the bustling Chuo Ward of Sapporo, Hokkaido. The unit has a private floor area of 15.83 square meters (approximately 4.78 tsubo) and features flooring throughout all living spaces. The building is equipped with city gas and an elevator for convenience.
This listing represents an owner change, presenting a turnkey investment opportunity. The property is currently tenanted, ensuring immediate income. The annual projected rental income is 384,000 yen, which translates to a high annual yield of 22.58%. Monthly costs include a management fee of 5,000 yen and a repair reserve fund of 4,000 yen. The building itself was constructed in February 1974 with an SRC (steel reinforced concrete) structure. The transaction method is exclusive agency.
