Compact Investment Apartment in Soka City, Saitama
This property is a one-room apartment for sale located in Soka City, Saitama Prefecture. The apartment is situated on the first floor of a 4-story above-ground building with one basement level, constructed in September 1988. The exclusive floor area is 17.66 square meters (approximately 5.34 tsubo), featuring a Western-style room of 7.7 tatami mats and a balcony/terrace. The building is a reinforced concrete (RC) structure with a total of 4 units. The current annual scheduled rental income is 480,000 yen, with a projected yield of 8.27%. The property is currently tenanted, and the transfer timing is negotiable. An owner change is planned, and pets are not permitted.
The property comes equipped with storage space, an indoor washing machine area, an auto-lock security system, city gas, water supply, sewage, hot water supply, and a dedicated management association. There is no parking or motorcycle parking available. The management fee is 5,690 yen per month, and the repair reserve fund is 6,970 yen per month. The transaction type is exclusive agency. The property is located in a Category II Residential Zone and is covered by defect insurance and performance evaluation systems.
