For Sale: Two Apartment Buildings in Nagasaki City
This listing is for the sale of two apartment buildings, known as Cope Aya Building A and Building B, located in Nagasaki City, Nagasaki Prefecture. The property consists of two separate wooden structures built in March 1989, with a total of 12 units. The total building area is 284.84 square meters (approximately 86.16 tsubo). The layout includes 2DK and 1R type apartments.
Facilities and equipment in the buildings include city gas, air conditioning, hot water supply, private toilets, and showers.
This is a high-yield investment property with a projected annual rental income of 4.464 million yen and a calculated yield of 20.29%. A critical note is that the land is leased, not owned, and is therefore not included in this sale. The monthly ground rent is 38,000 yen. Because the property is on leased land, financing from financial institutions is not available; purchase must be made in cash. Furthermore, if rebuilding is considered in the future, permission from the landowner is required, and such permission has not been obtained at this time. The front road is a private road (owned by the landowner) classified as a Article 2 road.
The property is currently tenanted. The location offers convenient access to public transport, being a 4-minute walk from Morimachi Station on the Nagasaki Electric Tramway Main Line, an 8-minute walk from Urakami Station on the JR Nagasaki Main Line, and a 3-minute walk from the Mezamemachi bus stop for Nagasaki Prefectural Bus services.
