Investment Apartment Building in Natori City, Miyagi

This is a two-story wooden apartment building located in the Midorigaoka 2-chome area of Natori City, Miyagi Prefecture. The property offers a solid investment opportunity with a total building area of 336.62 square meters (approximately 101.82 tsubo) and a land area of 603.59 square meters (approximately 182.58 tsubo). It was constructed in May 2013 and features a 2LDK layout across six separate units, with individual unit sizes ranging from 48.39 to 61.05 square meters.

Critical agent notes have been provided. The remarks clarify that the stated yield is the ratio of annual rental income (including common area fees) to the sale price, calculated before deducting taxes, public dues, and other necessary maintenance costs. The estimated rent and yield are calculated based on market rates, adding rent for vacant units to assume full occupancy. It is important to note that rental income is not guaranteed to be reliably obtained in the future. (Survey date: March 2, 2026). A further note states the property is currently tenanted under a sub-lease contract, and the management company can be taken over or changed.

The property is situated on a three-sided corner lot with roads to the east, north, and west, ensuring excellent sunlight and ventilation. It is a 9-minute walk from Midorigaoka Station on the Sendai Airport Access Line, providing convenient access to Sendai Airport. The building was constructed by Daiwa House Industry and comes with a master lease contract already in place. The current yield with the existing management company (Daiwa House Partners) is 4.46%, based on monthly rent of 371,287 yen (including parking fees). If the management company is changed, the projected yield rises to 5.24%, with an estimated monthly rent of 436,600 yen (including parking fees).