Compact Investment Apartment in Yamaguchi City with High Yield Potential

This one-room apartment, located on the 7th floor of an 8-story reinforced concrete building constructed in January 1990, offers a compact yet functional living space of 20.18 sqm (approximately 6.1 tsubo). The property features a south-east facing balcony measuring 4.35 sqm, providing natural light. The building is well-equipped with an elevator and offers free bicycle parking for residents.

Translated from the agent's notes, the property includes the following equipment: Air conditioning, indoor washing machine space, lighting fixtures, refrigerator, bed, city gas, water supply, sewerage, hot water supply. Special notes indicate that the property is currently tenanted and an owner change is planned. The estimated annual rental income is 300,000 yen, projecting a high gross yield of 15%. The management is fully delegated with a daytime manager and a management association in place. The building has a total of 104 units.

The apartment is situated in Yamaguchi City's Miwa-cho district, within Yamaguchi Prefecture. The area is served by the Yamaguchi Line, with Yuda Onsen Station approximately a 17-minute walk away. Yamaguchi City is the capital of Yamaguchi Prefecture and is known for its historical significance, often referred to as the "Kyoto of the West." A major nearby landmark is the beautiful Ruriko-ji Temple, famous for its five-story pagoda, a National Treasure of Japan set within the scenic grounds of Kozan Park.