Property Overview: Grand Fukiage in Kounosu City, Saitama
This property is a multi-story reinforced concrete building located in Kounosu City, Saitama Prefecture. Constructed in March 1989, the building stands seven stories above ground and comprises a total of 37 residential units. The total floor area is 2,717.50 square meters, situated on a land plot of 1,396.76 square meters. The land is under full ownership rights. The property is currently occupied by tenants and is being offered as an owner-change investment opportunity.
The building is equipped with propane gas, a water heating system, an elevator, a parcel delivery box, dedicated toilets, separate bath and toilet, a reheating function for the bath, an indoor washing machine space, optical fiber internet, security cameras, fire alarms, and bicycle parking. The site is a corner lot with road frontage: to the east, it faces a 20-meter wide public road with a 50-meter frontage, and to the south, it faces a 6-meter wide public road with a 35-meter frontage.
Notes from the listing include that the monthly rent includes a fee of 165,000 yen for the SoftBank antenna base installed on the rooftop. To secure parking for residents, the property management leases a 49-space parking lot across the south road for a monthly fee of 200,000 yen. Additionally, three hourly parking spaces are available for visitors and external use. The yield mentioned is the ratio of rental income to the sale price, before deducting taxes and other maintenance expenses, and is subject to change.
