Compact Investment Apartment in Tokyo's Ota Ward

This property is a 1K apartment located on the 4th floor of a 5-story reinforced concrete (RC) building with a basement, constructed in November 1988. The unit offers a compact yet functional living space with a wall-core exclusive area of 18.18 sqm (approximately 5.49 tsubo). The layout includes a 5.5-tatami mat Western-style room and a balcony of 1.8 sqm facing west for natural light. The building is well-equipped with essential amenities including storage space, air conditioning, internet connectivity, an indoor washing machine space, lighting fixtures, an auto-lock security system, an elevator, and a parcel delivery box.

Currently tenanted, this apartment presents a turnkey investment opportunity. The annual projected rental income is 720,000 yen, yielding an estimated annual return of 9.6%. The property is managed by Kowa Management Co., Ltd., under a fully entrusted,巡回 (rotating) management system with a management association in place. Monthly fees include a management fee of 10,999 yen and a repair reserve fund of 9,326 yen. There is no dedicated parking space. The ownership is guaranteed, and the property falls within a Quasi-Industrial zone. Special notes indicate an owner change is planned for the year.