Investment Apartment Building in Nagayo Town
This property is a wooden apartment building located in Nagayo Town, Nishisonogi District, Nagasaki Prefecture. It is situated just a 4-minute walk from Takada Station on the Nagasaki Main Line and a 1-minute walk from the Minamiyodai Kitaguchi bus stop, offering convenient access to public transportation. The property is currently fully occupied and operating at full capacity, making it a sound investment opportunity.
The building features a total floor area of 155.62 square meters, spread over two floors, with four units. The land area is 276.39 square meters. The building was constructed in April 2002 and has a wooden structure. The property is located in a Category 1 Low-rise Exclusive Residential Zone within an urbanization promotion area. The building coverage ratio is 50%, and the floor area ratio is 100%.
All units are equipped with city gas, a public water supply, a public sewer system, air conditioning, separate bathrooms and toilets, and bicycle parking facilities. The property also includes parking for two cars, with a monthly fee of 3,300 yen per space. Additionally, there is a separate parking lot (36 square meters) located outside the apartment building's premises.
The property faces a public road to the northeast with a width of 6 meters and a frontage of 7.2 meters, and a public road to the northwest with a width of 6 meters and a frontage of 4 meters. The location offers good views and excellent sunlight exposure. The annual expected rental income is approximately 2.34 million yen, yielding a current return of about 9.4%. The property is being sold as an owner-change transaction, with the current tenant in place.
