Investment Apartment Building in Ibaraki, Osaka
This property is a multi-unit apartment building located in the Mizuo 2-chome area of Ibaraki City, Osaka Prefecture. Constructed in March 2014, the building is a three-storey steel-frame structure with a total floor area of 299.98 square meters on a land area of 183.42 square meters. The property includes an additional private road area of approximately 29.1 square meters.
The building contains six residential units, each with a 1LDK layout and a floor area of approximately 24.7 square meters. As of June 15, 2026, all six units are occupied and generating rental income. The property is being sold as an owner-change (オーナーチェンジ) opportunity, meaning the existing lease agreements will be transferred to the new owner.
The annual projected rental income when fully occupied is 5,797,200 yen, representing a gross yield of 5.0% based on the asking price. Please note that this yield is calculated as the ratio of annual rental income (including common area fees) to the sale price, before deducting property taxes, maintenance costs, and other expenses. The projected rent and yield are estimates based on market rents and assume full occupancy; future rental income is not guaranteed.
The property is located in a quiet residential area and offers access to three stations on two train lines: Minami Ibaraki Station on the Hankyu Kyoto Line and the Osaka Monorail Main Line (both 17 minutes on foot), and Ibaraki-shi Station on the Hankyu Kyoto Line (18 minutes on foot). The land rights are freehold (所有権), and the land is zoned for Category 1 medium-to-high-rise residential use. The building coverage ratio is 60%, and the floor area ratio is 200% (subject to road width restrictions).
Important notes: The property is currently under lease, and the new owner must take over the existing lease agreements. The land is located within a regulated land development zone, which may require permission from the prefectural governor for certain activities. There is no parking available on-site.