Investment Opportunity in Numazu: Riverside Studio Apartment
This property is a studio apartment (one-room layout) located on the fifth floor of an eight-story reinforced concrete building in the Shimogawara-cho area of Numazu City, Shizuoka Prefecture. The unit offers a spacious living area of approximately 11 tatami mats (about 25.83 square meters measured by wall center method). It is a corner room with good views overlooking a riverside location, featuring two-sided natural light exposure.
The building was constructed in July 1976 and has a total of 33 units. The property is currently under a rental agreement, generating an annual rental income of 360,000 yen. This provides a gross yield of 24%. The sale is structured as an owner-change transaction, meaning the new owner will inherit the existing tenant.
The monthly maintenance fee is 11,000 yen, with no separate repair reserve fund required. Propane gas is used. A parking space is available nearby for 6,000 yen per month. The property is situated in a quiet residential area. Note that the building's elevator is currently out of service, with repair plans not yet determined.