Property Overview: Grace Kumamoto Ichibankan
This is a studio apartment (1K) located on the 5th floor of a 5-story reinforced concrete building in Kumamoto City, Kumamoto Prefecture. The property offers a living area of 21.9 square meters and a balcony of 6 square meters. It is currently generating rental income of 29,500 yen per month, making it an owner-change property with a gross yield of 14.1%.
The unit features a south-facing balcony, a system kitchen, and a separate bathroom and toilet. The building is equipped with an auto-lock security system, a delivery box, and bicycle and motorcycle parking spaces. It is situated in a quiet residential area, approximately one kilometer from Kumamoto University, providing a peaceful living environment.
The property is within walking distance to several amenities, including a convenience store (FamilyMart), a drugstore, and a post office. The nearest train station is Tokaigakuenmae on the JR Hohi Main Line, a 16-minute walk away. The building's construction was completed in March 1991.
