Investment Apartment Building in Kochi City
This property, known as Heights Kagamigawa, is a wooden two-story apartment building located at Kamihongu-machi, Kochi City, Kochi Prefecture. The property is being sold as a building with tenants in place (owner-change), offering a gross yield of 17.22% with an estimated annual rental income of 1,530,000 yen.
The building has a total floor area of 105.98 square meters on a land area of 108.43 square meters. It was built in November 1984, making it approximately 41 years and 6 months old. The structure is wood, and the building comprises 4 units. The property is situated on a corner lot with two road frontages: a 4.9-meter public road to the south (frontage 11.8 meters) and a 5.5-meter public road to the west (frontage 10.7 meters). The land is under freehold ownership (ownership rights) with no private road burden.
Parking is available for free. The property is equipped with air conditioning (エアコン完備) in the units. The immediate area includes an Ion Kochi store (イオン高知店) nearby. The property is located within a 12-minute walk from Kagamigawa Bridge Station on the Tosaden Kotsu Ino Line, and an 11-minute walk from the Kagamigawa Bridge bus stop. The address is Kochi Prefecture, Kochi City, Kamihongu-machi.
