Property Overview: 1K Apartment in Sapporo's Chuo Ward
This property is a used condominium located in Minami-Jujo Nishi 1-chome, Chuo Ward, Sapporo City, Hokkaido. The unit is on the 7th floor of a 10-story SRC (Steel Reinforced Concrete) building, which includes an elevator. The apartment has a layout of 1K, with an interior measured area of 19.67 square meters. The building was constructed in May 1974 and houses a total of 120 units.
The property is currently tenanted and is being offered as an owner-change (investor) opportunity. The Japanese agent notes specify that Room 712 is a corner unit. For this unit, the wall-to-wall area is 30.75 square meters, and the price is 3,500,000 yen. There is also a simple gross yield of 12% for this owner-change property.
The monthly management fee is 6,370 yen, and the monthly repair reserve fund is 3,540 yen. The land rights are freehold. The property is managed by the residents' association with a daytime building manager. The current condition is rented, and the delivery date is negotiable. The property is located in a commercial district.
