Investment Opportunity: 3DK Apartment in Koga, Ibaraki
This property is a 3DK apartment located in Koga City, Ibaraki Prefecture, offered as an owner-change investment opportunity. The apartment is situated on the 2nd floor of a 5-story reinforced concrete (RC) building constructed in February 1977. The unit has a wall-core exclusive area of 48.6 sqm (approximately 14.7 tsubo). The current annual scheduled rental income is 600,000 yen, resulting in a surface yield of 14.28%.
Key financial details include an asking price of 4,200,000 yen. Monthly fees consist of 5,000 yen for management and 12,000 yen for repair reserve funds. A nearby parking space is available for an additional 8,000 yen per month. The property is currently tenanted, and the handover timing is negotiable. The management is fully entrusted to a company that performs巡回管理 (rotational/patrol-based management).
The apartment is conveniently located within a 5-minute walk from both JR Utsunomiya Line (Shonan-Shinjuku Line) Usui-Koga Station and JR Tohoku Main Line Koga Station. The area offers daily conveniences with a Seven-Eleven convenience store and a Komodi Iida supermarket within a short walking distance.
Koga City is a historic castle town with a rich samurai heritage. A notable local landmark is the Koga Castle Ruins (Koga Joshi Park), which was once a significant stronghold and now offers scenic park grounds and historical insights, located approximately 2.5 km from the property.
