Compact Apartment in Hannō with Investment Potential
This property is a used condominium located in Hannō City, Saitama Prefecture. It is situated in the Yawatachō area and is part of the "Clio Hannō" building. The apartment is on the second floor of a four-story reinforced concrete structure, which was built in December 1991. The unit offers a compact 1K layout with a floor area of 17.28 square meters. It also includes a balcony measuring 2.16 square meters. The main room faces south, allowing for good natural light.
The property is currently being rented out, making it an owner-change (オーナーチェンジ) investment opportunity. The annual expected rental income is 600,000 yen, which translates to a gross yield of 17.14%. The selling price is 3,500,000 yen. The monthly management fee is 6,700 yen, and the monthly repair reserve fund is 5,290 yen. There is no parking available at the building, but there is a bicycle parking area that is free to use. The building is equipped with an auto-lock system for security.
The location offers convenient access to public transportation. It is an 11-minute walk from Hannō Station on the Seibu Ikebukuro Line, and a 12-minute walk from Higashi-Hannō Station on the JR Hachikō Line. The property is located in a Category 1 Medium-to-High-Rise Residential Zone. The land ownership is freehold. The building has a total of 29 units. The management company is Godo Keikaku Kenkyujo, and the management style is all-outsourced with patrol visits.