Amity II: A Well-Maintained Investment Apartment Building in Nagasaki
Amity II is a four-unit apartment building located in Nagasaki City's Kibachicho 2-chome district. Constructed in May 2003, this 22-year-old property presents a solid investment opportunity with established tenancy. The building spans a total floor area of approximately 278.25 square meters (84.17 tsubo) across three stories, situated on a land plot of 139.98 square meters (42.34 tsubo). The layout for each unit is configured as 2DK, providing a functional living space.
Critical agent notes detail the property's equipment and access. The building is equipped with propane gas, city water supply, and sewer systems. Each unit features a separate bath and toilet, a shower, an indoor space for a washing machine, and CATV connectivity. The road access details are specified: the property fronts a 3.1-meter wide public road to the west, with a frontage of 19 meters, and is accessed from one side only.
The property includes on-site parking, available for a monthly fee of 3,000 yen per space, a valuable amenity for residents. Its location offers excellent daily convenience, with FamilyMart Kibachi store just 190 meters away. The area is within the First Category Residential Zone in an urbanized area, governed by a 60% building coverage and 200% floor area ratio.
The surrounding Nagasaki area is rich with history and culture. A short drive will bring you to the iconic Glover Garden and Oura Church, historic sites that reflect Nagasaki's unique international heritage as a former port open to the world. For investors, the property offers an estimated capitalization rate of 8.89%, with an annual rental income projection of 2.65 million yen, making it a noteworthy consideration for a portfolio addition.
