Investment Opportunity: Entire Apartment Building in Kochi City

This property is a complete apartment building for sale located in Asakura, Kochi City, Kochi Prefecture. The building is scheduled for completion in May 2026 and is being constructed by Aiken Kobo. It offers a gross yield of 9.35% with an estimated annual rental income of 8,400,000 yen. The building has a total floor area of 288.00 square meters on a land size of 267.27 square meters. The structure is a 3-story wooden building containing 10 units. The property is situated on a corner lot with two road frontages: a 24.0-meter public road to the north and a 7.0-meter public road to the east. It is located along a national highway and a prefectural road. The property includes parking for 3 or more cars. The building features 24-hour security, a 24-hour ventilation system, and has a seismic resistance compliance certificate. Equipment includes an open kitchen, storage space, separate bath and toilet, indoor washing machine space, auto-lock system, security cameras, multi-layer glass with Low-E glass, reheat function, shower, water heater, propane gas, internet access, and a toilet. The property is located in the neighborhood commercial zone with a building coverage ratio of 80% and a floor area ratio of 200%. The land is owned outright. The property is located approximately 21 minutes on foot from Asakura Station on the JR Dosan Line. The property is currently unfinished and is scheduled for delivery in February 2026.