Property Overview
This is a 1K used apartment located in Kenjun 2-chome, Higashi-ku, Kumamoto City, Kumamoto Prefecture. The property is situated on the fifth floor of a five-story reinforced concrete building named Maison de Roger. The unit has a floor area of 23.2 square meters (approximately 7.01 tsubo) as measured by wall center. The building was constructed in December 1990. The apartment is currently under a sublease contract and is occupied by a tenant. The annual expected rental income is 273,600 yen, yielding an annual return of 17.1 percent. The property is being sold as an owner-change investment.
The unit features a layout of 1K, including an indoor washing machine space. The building is equipped with an auto-lock system, an elevator, and a bicycle parking area as well as a motorcycle parking area. The apartment is on the top floor and has city gas, a water heater, and a south-facing main light exposure. The exterior of the building is tiled. The balcony area size is unknown. The management form is full consignment with a patrol system, and a management association exists. The management company is Presto Service Co., Ltd. The monthly repair reserve fund is 7,650 yen, and there is no monthly management fee. The land rights are freehold. The property is located in a first-class medium-to-high-rise residential exclusive zone. The nearest station is Kenjun Mae Station on the Kumamoto City Kenjun Line, which is a three-minute walk away.
