Stylish One-Room Apartment Building in Sasebo's Student District

This property, named "Still Life Kigomachi," is a five-storey reinforced concrete apartment building located in the Kigomachi area of Sasebo City, Nagasaki Prefecture. The building sits along a river and is positioned in a commercial zone within a city-planning area. It comprises a total of multiple one-room units, all of which have been renovated with stylish interiors and updated water fixtures. The total floor area of the building is 192.65 square meters on a land plot of 77.78 square meters.

The property is being sold as an owner-change investment, with the current tenants in place. The gross yield is calculated at 23.17% based on full occupancy, with an annual rental income of 3.36 million yen. The building was constructed in March 1983, and the land is under freehold ownership. The building coverage ratio is 80%, and the floor area ratio is 400%.

The location is within walking distance of a city bus stop, specifically the Sanei Bus "Ainoura Elementary School Mae" stop, which is 140 meters away (about a two-minute walk). The area is known as a student town, being near a prefectural university, and is also close to a pachinko parlor and a car dealership, making it suitable for company dormitories for single employees. The road access details indicate the property faces a 3.5-meter-wide public road to the west with a frontage of 10 meters. No parking is available on site.