Investment Opportunity: 1DK Condominium in Yokosuka
This is a resale condominium unit located in Kogo-cho, Yokosuka City, Kanagawa Prefecture. The property is offered as an owner-change (オーナーチェンジ) investment, meaning a tenant is currently in place, providing an immediate rental income stream. The annual expected rent is 480,000 yen, yielding a projected 12.3% return. The unit is on the 5th floor of a 7-story reinforced concrete building named "Clio Kinugasa Nibankan." The building was constructed in March 1992 and totals 27 units.
The interior layout is a 1DK with a 4.9-tatami mat Japanese-style room. The dedicated living area measures 19.04 square meters. The unit features a system kitchen, air conditioning, a washing machine space inside the unit, and a CATV connection. For security, the building is equipped with an auto-lock system, a monitor-equipped intercom, and security cameras. The property is all-electric with an elevator. A bicycle parking area and motorcycle parking area are available free of charge, though both are currently full.
The property is located a 10-minute walk from Kinugasa Station on the Yokosuka Line. The surrounding area includes shopping facilities such as Seiyu Kinugasa Store and Aibi Kinugasa Store, as well as convenience stores and restaurants. The management is handled by a commissioned, patrol-type system. Monthly costs include a management fee of 5,560 yen and a reserve fund for repairs of 12,240 yen. The land is under freehold ownership and the area is zoned for commercial use.
