Investment Opportunity: Owner-Change Apartment in Sapporo with Strong Rental Yield

This listing presents a one-room apartment for sale in the Asahi Plaza Higashi-Sapporo building, located in Sapporo's Shiroishi Ward. The property is currently tenanted, offering an immediate income stream for an investor. The key financial highlight is the projected annual rental income of 348,000 yen, which translates to a surface yield of 15.13%. The asking price is 2.2 million yen, with monthly management fees of 4,500 yen and a repair reserve fund of 8,300 yen.

Translated agent notes provide essential details. The property is an Owner-Change unit, meaning the current owner is selling a tenanted investment property. The building is a reinforced concrete (RC) structure built in December 1984, with 5 stories above ground; this unit is on the 2nd floor. The total floor area is 24.84 sqm (approximately 7.51 tsubo), featuring a one-room layout with an 8.5-tatami mat Western-style room and a 3.37 sqm balcony. Building amenities include heating, an indoor washing machine space, city gas, and an elevator. The property is fully managed by a management company with daytime staff. The sale is handled under an exclusive intermediary agreement.

The location offers excellent access to central Sapporo, being just a 6-minute walk from the Tozai Line's Higashi-Sapporo Station. The surrounding area is well-serviced with daily conveniences, including a Seicomart convenience store 115m away, a drugstore, a bank, and Aeon Higashi-Sapporo shopping mall within a kilometer. An interesting fact about Sapporo is that it hosts the world-famous Sapporo Snow Festival every February, attracting millions of visitors to see spectacular ice and snow sculptures. The closest major landmark from this property is the Sapporo Dome, a multi-purpose stadium known for hosting football matches and concerts, located approximately 4.5 kilometers away.