Investment Opportunity: 3LDK Apartment in Akita City with Strong Rental Yield
This property is a 3LDK apartment located in the Chiyaki Yadome area of Akita City, Akita Prefecture. The unit is situated on the 5th floor of a 14-story reinforced steel and concrete (SRC) building constructed in October 1989. The apartment features a south-facing orientation, providing excellent natural light. The total private floor area is 63.34 square meters (approximately 19.16 tsubo), with a balcony of 8.75 square meters. The layout comprises one Japanese-style room of 6 tatami mats, and two Western-style rooms of 5 and 6 tatami mats respectively.
According to the agent's notes, the property is currently under a corporate lease, generating a projected annual rental income of 936,000 yen and offering a surface yield of 12.47%. The building is equipped with city gas and features a bath with a reheating function. The apartment includes a separate bath and toilet, a system kitchen, a washbasin area, air conditioning, a washing machine space, flooring, lighting fixtures, and a walk-in closet. It is a corner unit. Building amenities include two or more elevators and a bicycle parking area (no motorcycle parking). The use of on-site parking is subject to the management regulations and availability. Pet ownership and office use are also subject to the building's management rules.
The property is located in a commercial zone. The building, named "Dia Palace Park Side Chiyaki Gaien," has a total of 76 units and is managed by a fully entrusted management association with a daytime superintendent. The monthly management fee is 11,500 yen, with a repair reserve fund of 12,190 yen.
