Lions Mansion Atami Baien No. 2: A Resort Condominium with Onsen and Investment Potential
This property is a spacious 3DK apartment located on the 8th floor of a 10-story condominium building in the popular resort city of Atami, Shizuoka Prefecture. With a private area of 63.99 square meters and a generous 16.20 square meter balcony offering east, north, and west orientations, the unit provides ample living space. The building, constructed in July 1991, features a robust reinforced concrete structure and is situated in a quiet residential zone.
The property's equipment and facilities are comprehensive. It includes a gas water heater for hot water supply, a gas stove for cooking, and individually installed heating and cooling systems for personalized climate control. A special note confirms this is a corner unit, and the building provides shared mailboxes and a garbage disposal area. A bus stop named "Baien," with a timetable for services to Atami Station, is approximately a 6-minute walk away.
A standout feature of Lions Mansion Atami Baien No. 2 is its exceptional shared hot spring facility. Residents have 24-hour access (excluding cleaning times) to a large, naturally flowing onsen bath with separate men's and women's sections, a sauna, and an open-air bath. Other building amenities include a front desk with daytime staff, auto-lock security, paid outdoor parking, and motorcycle parking. The condominium is pet-friendly, allowing up to two dogs or cats per unit within specified size limits.
Monthly fees include a management fee of 23,500 yen and a repair reserve fund of 16,770 yen, totaling 40,270 yen. Additional monthly costs are a basic water charge of 4,936 yen (billed bi-monthly) and an onsen usage fee of 15,000 yen. The property is currently tenanted, making it an attractive investment opportunity with a stated gross yield of 11.89%.
