Compact Investment Condominium in Kofu, Yamanashi
This property is a 1K layout condominium for sale located in Kofu City, Yamanashi Prefecture. The apartment features a total floor area of 17.08 sqm (approximately 5.16 tsubo) and is situated on the 5th floor of a 10-story reinforced concrete (RC) building constructed in March 1993. The unit includes a balcony of 3.09 sqm with its main light exposure facing northwest. The building itself has a total of 107 units and sits on a land area of 1,849 sqm within a quasi-industrial zone. Management is fully entrusted to a management union with a daytime superintendent, and the management company is Daikyo Astage.
Key financial details highlight this as an investment opportunity. The property is currently tenanted, generating a projected annual rental income of 360,000 yen, which results in a projected annual yield of 12.08%. The asking price is 2.98 million yen, with monthly fees of 5,200 yen for management and 4,340 yen for repair reserve fund. The transaction method is exclusive intermediary, and the agent handling the property is Watanabe. The property comes with defect insurance (瑕疵保険) and an equipment performance guarantee (設備保証性能評価). Special notes indicate an owner change is scheduled for the year, and the floor plan provided prioritizes the current condition of the unit. The closest major train station is the JR Chuo Main Line's Ryuo Station, approximately a 33-minute walk away.
