Investment Opportunity: Tenanted Apartment in Maebashi, Gunma
This listing presents a tenanted 1DK apartment located in Maebashi City, Gunma Prefecture, currently available for purchase as an owner-change investment property. The unit is situated on the 2nd floor of a 6-story reinforced concrete (RC) apartment building constructed in February 1992. With a private floor area of 32.48 sqm (approximately 9.82 tsubo), the layout includes one dining-kitchen area and one separate room. The building is well-equipped, featuring an elevator for convenience.
Translated agent notes provide essential financial and operational details. The property is tenanted, ensuring immediate rental income with an annual projected rental revenue of 540,000 yen and a projected yield of 13.5%. Monthly fees include a management fee of 7,130 yen and a repair reserve fund of 6,770 yen. Parking is available at a monthly cost of 6,000 yen for a covered space or 4,000 yen for an off-site space. Bicycle parking is available free of charge. The management is fully delegated to a professional management company, and the building has a homeowners' association. The property comes with defect insurance and a performance evaluation.
The apartment enjoys a convenient location in Maebashi's Nishi-Katakai-cho district. It is within a short walk to essential amenities, including a Fresco supermarket (356m), a Beisia mall (753m), a 7-Eleven convenience store (341m), and various dining options. For transport, Katakai Station on the Jomo Electric Railway is a 6-minute walk away, providing local rail access. The area offers a blend of residential calm and urban convenience.