Income Property in Mihara City
This is a two-building income property located at Mihara City Myojin 2-chome 7-23. The property consists of two 2-story lightweight steel frame buildings, Building A and Building B, each containing four 2DK units, for a total of eight units. The total building area is 185.02 square meters (55.96 tsubo) on a land area of 534.75 square meters (161.76 tsubo).
The property was built in October 1998 and is situated on a flat lot in a category 1 residential zone. It features public sewer, independent washbasins, TV monitor intercoms, washlet toilets, and indoor washing machine spaces. Parking is available for all units within the premises.
The gross yield at full occupancy is 8.66%, with a full occupancy monthly rent of 439,000 yen. The property is located approximately a 6-minute walk from the Myojin Minami bus stop. The school district is Mihara City Tayuno Elementary School and Mihara City Daisan Junior High School. The property is a for-sale income property, and the handover date is negotiable.
