Investment Opportunity in Sasebo: A Well-Maintained Apartment Building
This property presents a solid investment opportunity in the historic port city of Sasebo, Nagasaki. It is a small apartment building currently generating rental income, making it an ideal option for an owner-change scenario. The building was constructed in December 1963 and features a wooden structure with a total floor area of approximately 55.99 square meters (about 16.94 tsubo), spread across a 5DK layout. The land area is 66.11 square meters (about 20.00 tsubo).
Critical agent notes provide essential details about the property's condition and facilities. The equipment includes propane gas, city water supply, sewer system, hot water supply, and electricity. The bathroom and toilet are separate, and a shower is installed. A special note states that the second floor is an extension. Furthermore, it is explicitly noted that there is no parking available on the premises.
The property is currently tenanted, producing an annual income of 660,000 yen with a monthly rent of 55,000 yen, representing a capitalization rate of 9.42%. The location in Sasebo's Akasaki-cho district offers convenient access, being just a two-minute walk from the Atago Junior High School Entrance bus stop. Sasebo is a city rich in naval history and international culture, famously home to the Sasebo Naval Base. A major nearby landmark is the stunning Kujukushima (Ninety-nine Islands), a scenic archipelago in the nearby Saikai National Park, renowned for its breathtaking coastal views and popular cruise tours.
