Back to results 1K Apartment for Sale in Oita City with 13.93% Yield

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¥1,550,000

Nagahama 1-chome, Oita City, Oita Prefecture

大分県大分市長浜町1丁目

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Investment Opportunity: 1K Apartment in Oita City's Convenient Nagahama District

This listing presents a compact 1K apartment for sale in the Nagahama 1-chome area of Oita City, Oita Prefecture. The property is currently tenanted, offering an immediate rental income stream with an annual projected revenue of 216,000 yen and a calculated yield of 13.93%. The unit is located on the 2nd floor of an 8-story reinforced concrete (RC) building constructed in August 1979. The apartment features a wall-core exclusive area of 17.36 sqm (approximately 5.25 tsubo), comprising a 7.5-tatami mat Western-style room and a 2-tatami mat kitchen (K) area. A south-facing balcony of 2.52 sqm is included.

Key building amenities, as detailed in the agent's notes, include security cameras, city gas, hot water supply, and an elevator. The management is fully entrusted to a巡回管理 (rotating/patrol-based management) company, specifically Nishi Nihon Sogo Maintenance Co., Ltd. The property is an owner-change (オーナーチェンジ) listing. Monthly fees include a 4,200 yen management fee and a 3,100 yen repair reserve fund. There is no dedicated parking space. The property comes with瑕疵保証 (defect liability insurance) and性能評価 (performance evaluation). The land is designated for commercial use.

The Nagahama neighborhood offers excellent daily convenience. Lawson Marushok and Drug Eleven stores are located right nearby. Government offices are within walking distance, and the area is served by the Compal Hall Entrance bus stop (6 minutes on foot). For a major landmark, Oita City is home to the stunning Usuki Stone Buddhas, a national treasure and UNESCO World Heritage site featuring magnificent Buddhist carvings dating back to the late Heian period, located a short drive away.

Agent remarks specify business hours from 10:00 AM to 6:00 PM, closed on Wednesdays and the first Tuesday of each month (open on Sundays and holidays). The contact telephone number is 0120-125-100. The agent encourages inquiries and welcomes visits for internal viewings.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Year built: 1979
House size: 17 / 187sqft
Balcony size: 3 / 32sqft

Short-Term Rental (Minpaku)

Transport

FUK

Fukuoka Airport — 115 km away

Nearby Konbini

Seven Eleven Seven Eleven — 3 min walk

Internet Connectivity

Natural Hazard Assessment

Flood Risk Low Risk
Landslide Risk Moderate
Tsunami Risk Low Risk
Earthquake Hazard Moderate

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Location Accuracy Notice: Although we try to make the map accurate with coordinates or address details provided, the location data is provided by the agent. This map data should be used as reference for the surrounding area foremost.

Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.