Compact 1K Apartment in Oita City's Matsubara District
This property is a pre-owned condominium unit located at 3-chome Matsubara-cho, Oita City, Oita Prefecture. The unit offers a compact 1K layout with an interior area of 19.32 square meters. Situated on the third floor of a five-story reinforced concrete building, the apartment features a primary southern exposure for natural light. The building was constructed in November 1990.
The property is currently being rented out as an owner-change (owner-change) investment. The annual estimated rental income is 324,000 yen, yielding an estimated annual return of 17.05 percent. The monthly management fee is 4,600 yen, and the monthly repair reserve fund is 1,300 yen. The property includes access to CATV, propane gas, a water heater, and bicycle parking. The balcony size is unknown. The land is owned as freehold, and the zoning is commercial.
The building has a total of 31 units. The management is fully entrusted with patrol-style supervision by a management association. The management company is Tokyo Tatemono Community Inc. The nearest station is Takajo Station on the JR Nippo Main Line, which is a 12-minute walk from the property. The timing for property handover is negotiable. A judicial scrivener will be designated by the seller.
