Compact Investment Apartment in Sendai's Miyagino Ward
This property is a one-room apartment located on the 1st floor of a 4-story reinforced concrete (RC) building in the Van House Sendai complex in Sendai's Miyagino Ward. The unit has a wall-core exclusive area of 16.47 sqm (approximately 4.98 tsubo), featuring a 6.2-tatami mat Western-style room and a 3.3 sqm balcony. The building is equipped with a closet, air conditioning, an indoor washing machine space, an auto-lock security system, city gas, hot water supply, a free-of-charge bicycle parking area, and a free-of-charge motorcycle parking area.
Key financial details include a purchase price of 2.9 million JPY, with monthly management fees of 5,900 JPY and a monthly repair reserve fund of 5,000 JPY. The property is currently tenanted, with an estimated annual rental income of 420,000 JPY, projecting a gross yield of approximately 14.48%. The transaction is an owner-change sale. The building, constructed in March 1992 by Obayashi Construction Co., Ltd., comprises 31 units and is managed by Anabuki Housing Service Co., Ltd. on a fully contracted, patrol basis. Special notes indicate that after delivery, the seller's liability for non-conformities in the contract is exempted.