Investment-Grade Apartment in Sakai, Osaka
This property is a 3LDK apartment for sale located in Sakai City, Osaka Prefecture. The apartment is situated on the 5th floor of a 5-storey reinforced concrete (RC) building constructed in March 1994. The total floor area is 69.26 square meters (approximately 20.95 tsubo). The asking price is 13.5 million JPY. The property is currently tenanted, offering an estimated annual rental income of 840,000 JPY and a projected annual yield of 6.22%.
According to the agent's notes, the building features an elevator. The management is fully outsourced with a daytime manager on duty. The property comes with an inspection report, defect insurance, equipment warranty, and a performance evaluation. The land ownership rights are guaranteed. The transaction is handled as an intermediary by the agent. The floor plan provided prioritizes the current condition of the unit.
The apartment is located in Sakai's Naka Ward, a historically rich area known for its ancient burial mounds (kofun), including the famous Nintoku-tenno-ryo Kofun, one of the world's largest tombs. The property offers convenient access to daily amenities, with several convenience stores, pharmacies, and banks within walking distance. For major travel, Kansai International Airport (KIX) is the closest significant international gateway, connecting the region to destinations worldwide.