Property Overview
This is a studio apartment located on the 3rd floor of an 8-story reinforced concrete building in Shinmachi 4-chome, Chuo-ku, Kumamoto City, Kumamoto Prefecture. The property offers a floor area of 20.04 square meters (approximately 6.06 tsubo) and features a single room layout with a 7-tatami mat Western-style room. The building was constructed in March 1990.
The apartment is equipped with a shower, lighting fixtures, a monitor-equipped auto-lock system, and is a corner unit. It has access to city water and sewage, a hot water supply system, and is all-electric. An elevator is available in the building. There is free bicycle parking, but no motorcycle parking. The property is currently vacant and ready for immediate occupancy. The monthly management fee is 7,000 yen, and the monthly repair reserve fund is 6,200 yen. There is an additional monthly association fee of 100 yen. No parking is available. Pets are not allowed, but the unit can be used as an office. The property is oriented towards elderly residents, enjoys good sunlight, and has a tiled exterior. The annual expected rental income is 360,000 yen, with an expected annual yield of 18.00%.
The property is located a 4-minute walk from Shinmachi Station on the Kumamoto City Kaminobori Line, providing convenient access to public transportation.
