Investment Opportunity: RC Apartment Building in Sasebo, Nagasaki
This property is a reinforced concrete (RC) apartment building located in the Arifuku-cho area of Sasebo City, Nagasaki Prefecture. The building, named Heights Arifuku, offers a substantial investment opportunity with 17 residential units. The unit mix includes sixteen 3LDK apartments and one 5LDK apartment. The building rises seven stories above ground and was constructed in April 1994.
The property sits on a land area of 812.48 square meters, with a total building floor area of 1562.75 square meters. It is situated in a flat, urbanized area designated for Category 1 residential use, with a building coverage ratio of 60% and a floor area ratio of 200%. The land is freehold (ownership rights) and zoned as residential land.
Access to public transport is convenient, with a 13-minute walk to the Haiki Station on the JR Sasebo Line. The property is currently tenanted, offering an owner-change investment scenario. The estimated annual income when fully occupied is 15,672,000 yen, representing a projected yield of 8.9%. The asking price is 175,000,000 yen. There are 18 parking spaces available on the premises, with one space provided free of charge per unit.
Equipment and facilities include propane gas, a public water supply, a septic tank, a water heater, an elevator, electricity, a private toilet, a separate bath and toilet, a shower, an indoor washing machine space, storage space, and an auto-lock system. Special features include an exterior finished with tiles and free parking for one car. The property is listed for sale by a real estate agent.
