Investment Apartment Building in Toyohashi, Aichi Prefecture

This two-unit apartment building, built in May 2022, presents a low-maintenance investment opportunity in Toyohashi City. The property is a two-story wooden structure with a total floor area of 81.97 sqm (approx. 24.79 tsubo) situated on a 73.65 sqm (approx. 22.27 tsubo) plot of land. It is currently tenanted and features two separate 1LDK units with private areas ranging from 39.74 sqm to 42.23 sqm.

The building is equipped with modern amenities including a video monitor intercom, a bathroom heater/dryer/ventilation unit, and a parcel delivery box. Its location offers exceptional convenience, being just a 2-minute walk (approx. 140m) from the Higashiyatsuhachi Station on the Toyohashi Railway Higashida Main Line, and a 4-minute walk from Maehata Station. Daily necessities are easily accessible with a Lawson convenience store a 1-minute walk away (approx. 70m) and a drugstore within a 5-minute walk (approx. 380m). Toyohashi Municipal Yatsuhachi Elementary School is also within a 5-minute walk.

Special Notes/Remarks: The yield is the ratio of annual rental income (including common area fees, etc.) to the sales price, before deducting public charges and other expenses necessary to maintain the property. Furthermore, the assumed rent and assumed yield are calculated based on market rent, adding rent for vacant units and assuming full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (Survey date: -). The assumed yield at full occupancy is 6.20%.