Cosmo Maebashi Showa-cho Apartment
This 1K apartment on the 4th floor of a 6-story reinforced concrete building offers a compact and efficient living space in Maebashi City, Gunma Prefecture. The unit features a wall-to-wall interior area of 23.1 square meters, equivalent to approximately 6.98 tsubo, and includes a western-style room of 8.6 tatami mats. The apartment has a balcony measuring 4.2 square meters with a main daylight exposure facing east. Built in August 1991, the building comprises 59 units and is managed by Daiwa Life Next Co., Ltd. under a full outsourcing management system with a daytime resident manager. The property is currently tenanted and available for immediate transfer, presenting an investor opportunity with an annual projected rental income of 336,000 yen and a gross yield of 18.66%. Equipment includes a washing machine space, indoor washing machine space, auto-lock security system, city gas supply, and an elevator. The property is located in a quiet residential neighborhood in the Showa-cho 2-chome area of Maebashi, with access to public transportation including the Chuo-Maebashi Station on the Jomo Electric Railway (22-minute walk) and Maebashi Station on the Ryomo Line (32-minute walk). Nearby amenities include Maebashi Ririka shopping facility, a convenience store, Co-op Showa store, and Gunma University Hospital.