Compact Investment Apartment in Central Kumamoto
This studio apartment, located in the Ōe 1-chōme district of Kumamoto City's central ward, presents a compelling investment opportunity. The property is a one-room unit on the second floor of a 7-story reinforced concrete building constructed in November 1991. With a wall-core exclusive area of 15.49 sqm (approximately 4.68 tsubo), it offers a compact living space. The annual projected rental income is 300,000 yen, yielding an impressive estimated annual return of 16%. Monthly running costs include a management fee of 6,740 yen and a repair reserve fund of 2,000 yen. Additional monthly expenses are estimated at 3,000 yen for water and 200 yen for neighborhood association fees. The current status is vacant, and immediate handover is possible.
The building is under full entrusted management with an on-site manager. The property comes with a defect insurance guarantee and a performance evaluation. The transaction form is exclusive agency. Please note that floor plans prioritize the actual current condition of the property.
