4LDK Investment Property in Fukuyama
This is a 4LDK apartment located on the 4th floor of an 11-story reinforced concrete building in Fukuyama City, Hiroshima Prefecture. The property is currently rented out, generating a monthly rent of 140,000 yen and an annual income of 1,680,000 yen, with a surface yield of 7%. The price is 24,000,000 yen. The total floor area is 89.38 square meters, with a balcony of 36.34 square meters. The building was constructed in August 2008. The property features city water, sewer, and city gas. Parking is available for one car free of charge; a second car space is available for 6,000 yen per month. The management fee is 8,900 yen per month, and the repair reserve fund is 15,840 yen per month. The land is owned as freehold, and the property is located in a Category 1 residential zone. The building coverage ratio is 60%, and the floor area ratio is 200%. The property is situated in the Kita-Honjo area, about an 18-minute walk from Fukuyama Station.
