Investment Opportunity: Saenba Corp, a Multi-Unit Apartment Building in Kochi City
This property is a multi-unit apartment building, Saenba Corp, located in the Saenbacho area of Kochi City, Kochi Prefecture. The building is a 7-story SRC (Steel Reinforced Concrete) structure, built in February 1981. It offers a substantial total floor area of 921.20 sqm on a land area of 315.37 sqm. The property is situated in a commercial district with a building coverage ratio of 80% and a floor area ratio of 400%.
The building is equipped with storage space, separate bath and toilet, a shower, water heating, air conditioning, and toilets. A key highlight of this investment property is the assumed full occupancy yield of 15.06%. The property is currently tenanted and the handover date is negotiable. It is located just a 2-minute walk from the Saenbacho Station on the Tosaden Kotsu Gomen Line, offering convenient access to public transport.
