Green Court Apartment Building in Niseko
This property is an apartment building located in the Soga area of Niseko, Hokkaido. Constructed in 2017, the building offers a total floor area of 493.9 square meters. It comprises twelve individual apartment units, each with one bedroom and one bathroom, totaling twelve bedrooms and twelve bathrooms across the entire building.
The building is situated near the town's only 7-Eleven convenience store and is close to Route 66, providing good access to local amenities and transport routes. The property is currently under long-term lease agreements with reliable tenants, generating an annual gross income of 9,600,000 Japanese yen. This represents a gross yield that may be attractive to investors seeking stable returns.
The building has a floor area ratio of 400% and a building coverage ratio of 70%. The surrounding area includes mountain views. This investment opportunity is located in a sought-after area of Niseko, known for its strong rental demand and potential for future growth.