Investment Opportunity: Owner-Change Apartment in Akita City
This property presents a unique investment opportunity as an owner-change apartment currently under lease. The unit is a 2DK layout situated on the 3rd floor of a 9-story building, offering a northeast corner position for ample natural light. The specific floor plan includes a 7.5-tatami Japanese-style room, a 5.5-tatami Western-style room, and a 6.5-tatami dining-kitchen area. The total exclusive area is 51.92 sqm (approximately 15.7 tsubo).
Key equipment and features of the property include a 2-burner stove, ample storage and closet space, an indoor washing machine area, lighting fixtures, and an auto-lock security system with a monitor. The building is equipped with an elevator and uses city gas for cooking and hot water. The exterior features tile siding. A special note is that the property is an owner-change unit, meaning it is being sold with an existing tenant in place. The current lease generates a monthly rent of 55,000 yen with a one-month security deposit. Due to the tenancy, internal viewing is not possible.
The building itself is a sturdy SRC (steel-reinforced concrete) structure built in February 1990. It is managed by Yuael Building Service Co., Ltd. on a fully-consigned,巡回 (patrol) basis, with an active management association. The property offers a projected annual rental income of 546,000 yen, resulting in an estimated yield of 11.37%. Monthly costs include a 9,500 yen management fee and a 10,380 yen repair reserve fund.
Located in the Nakadori 5-chome area of Akita City, this apartment is within an 18-minute walk from Akita Station on the Ou Main Line. The surrounding commercial zone is vibrant and central. An interesting fact about Akita is that it is the birthplace of the Akita dog breed, famously loyal and noble companions. The area is also within reasonable distance of the iconic Kubota Castle ruins in Senshu Park, a popular historical site and scenic spot offering beautiful seasonal views, especially during cherry blossom season.
