Investment Apartment Building in Matsuyama, Ehime
This property is a newly constructed apartment building located in the Hojo district of Matsuyama City, Ehime Prefecture. Built in 2021, the building comprises 12 units and is currently fully occupied. The property is situated in a educational district, with a university, high school, and junior high school nearby, making it an attractive option for students. The current tenants are primarily female students from St. Catherine University, and the property's proximity to the campus is expected to maintain full occupancy.
The building is a two-story wooden structure with a total floor area of 103 tsubo and sits on a 130 tsubo plot of land. It offers convenient access to public transportation, being an 8-minute walk from Hojo Station, where express trains stop. A shopping mall featuring a supermarket, drugstore, and home center is just a 4-minute walk away, and St. Catherine University is a 10-minute walk from the property. The asking price is 98 million yen. The property is sold as-is and based on a public register transaction.
