Compact and Convenient Investment Apartment in Ehime Prefecture

This 1K apartment, located in Ehime Prefecture's Shikokuchuo City, presents a compelling investment opportunity with a strong projected annual yield of 11.58%. The property is currently tenanted, offering immediate rental income, with an estimated annual revenue of 336,000 yen. The apartment itself is compact, with a private interior area of 18.28 sqm (approximately 5.52 tsubo), and is situated on the 3rd floor of an 8-story reinforced concrete (RC) building constructed in October 1991.

Key equipment and features include a bicycle parking area (monthly fee: 500 yen) and a motorcycle parking space (monthly fee: 2,000 yen). The building is managed by Community One Co., Ltd., under a fully-consigned management system with an on-site manager and a management association. The property is offered for sale under a general intermediary transaction. Please note that floor plans prioritize the current layout over the original design.

The location offers exceptional convenience. It is just a 3-minute walk from Iyo-Mishima Station on the Yosan Line, providing excellent transportation access. Within a 10-minute walking radius, residents will find numerous commercial facilities for daily needs, including supermarkets, pharmacies, post offices, and convenience stores, making it a highly livable environment. The area is part of Shikokuchuo City, a hub in Ehime known for its paper manufacturing industry. A notable nearby landmark is the scenic Shikoku Karst, a highland area offering stunning natural vistas and hiking opportunities, located within a reasonable drive from the city.