La Maison: An Investment-Grade Apartment Building in Sasebo, Nagasaki
This property, known as "La Maison," is a two-story, four-unit apartment building located at 31-1 Wakaba-cho, Sasebo City, Nagasaki Prefecture. Built in April 1992, the wooden structure offers a total floor area of 185.48 square meters, with each floor measuring 92.74 square meters. The building features two 3DK units per floor, providing comfortable living spaces. The land size is a substantial 305.11 square meters, situated on a flat plot within a Category 1 Residential zone.
Critical agent notes provide essential details. The property's facilities include a sewer system, hot water supply, separate bath and toilet, heated toilet seats, an indoor washing machine space, and storage space. Special notes on road access specify it fronts a 1.3-meter wide public road to the north, with a paved 15-meter frontage. Most importantly, the remarks detail a compelling investment case. The property generates a monthly rental income of 206,000 yen, equating to 2,472,000 yen annually, yielding a 12% return on investment. This income stream is projected to cover the purchase price within 8 years and 4 months. The building is currently fully occupied, and unit 102 has undergone significant renovation. A practical note is that the parking cannot accommodate large vehicles.
The property is situated in the vibrant port city of Sasebo, famous for its deep historical connections with international trade and its stunning natural harbor. A major nearby landmark is the Huis Ten Bosch theme park, a massive Dutch-themed resort known for its canals, windmills, and seasonal flower displays, located just a short drive from the city center. This area combines residential stability with strong tourism appeal.
