Investment Apartment Building "Raffine Isezakicho" in Yokohama's Central Ward

This property is a 10-story reinforced concrete apartment building named "Raffine Isezakicho," located in the Isezakicho 5-chome district of Yokohama's central Naka Ward. The building, constructed in September 2007, offers a total floor area of 795.45 sqm (approximately 240.62 tsubo) on a land plot of 159.82 sqm (approximately 48.34 tsubo). It comprises 27 residential units, each with a private area ranging from 23.8 to 26.23 sqm, all featuring a 1K layout. The property is currently fully tenanted and operational, presenting a turnkey investment opportunity.

Critical agent notes have been provided. The remarks state: "The yield is the ratio of the annual rental income (including common area fees, etc.) to the sales price, and is before the deduction of public charges and other expenses necessary to maintain the property. Furthermore, the assumed rent and assumed yield are calculated based on market rent, adding rent for vacant units and assuming full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (Survey date: As of February 14, 2026)." An additional note confirms: "Currently leased (lease contract takeover required)." The property underwent major renovation work in 2025, ensuring its condition is well-maintained.

The location offers excellent multi-line access, with three train lines and four stations within walking distance: Bando-bashi Station (Yokohama Municipal Subway Blue Line) is a 6-minute walk, Ougicho Station (Keikyu Main Line) is a 7-minute walk, Isezakicho-nagacho Station (Blue Line) is a 7-minute walk, and Kannai Station (JR Negishi Line) is a 12-minute walk. The property is situated in a commercial zone within an urban planning area, with a building-to-land ratio of 80% and a floor area ratio of 500%.