Investment Apartment Building in Nagareyama, Chiba
This property is an eight-unit apartment building located in Nagareyama City, Chiba Prefecture. The building, constructed in June 1990, is a two-story wooden structure with a total floor area of 246.24 sqm (approximately 74.48 tsubo) situated on a 260.51 sqm (approximately 78.8 tsubo) plot of land. The layout consists of four 2K units and four 1DK units. The property is currently tenanted, and the lease agreements are to be transferred to the new owner.
The location offers convenient access to public transportation, with Tsukuba Express Minami-Nagareyama Station a 14-minute walk away and JR Musashino Line Minami-Nagareyama Station a 15-minute walk away. The front road has a width of over 6 meters. The property includes one parking space with vehicle type restrictions. The land is a regular-shaped plot with a frontage of approximately 15.0 meters. Bathrooms and toilets are separate in each unit.
Agent notes provide critical investment information. The estimated annual rental income at full occupancy is 5,208,000 yen, leading to a projected yield of 6.8% based on the asking price. It is important to note: The yield is the ratio of annual rental income (including common area fees, etc.) to the sale price, and is calculated before deducting taxes, public charges, and other necessary expenses for maintaining the property. Furthermore, the estimated rent and yield are calculated based on market rents, adding rent for vacant units to assume full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (As of the survey date: February 23, 2026). The property status is tenanted (lease agreement transfer required).
Nearby amenities include supermarkets such as Itoyokado Nagareyama Store (approx. 1070m, 14 min walk) and Maruya Minami-Nagareyama Store (approx. 1270m, 16 min walk), along with convenience stores, a drugstore, a post office, and other facilities within walking distance.
