Compact Investment Apartment in Sagamihara with Strong Rental Yield Potential
This property is a compact 1K apartment located on the 9th floor of an 11-story SRC (steel-reinforced concrete) building in Sagamihara, Kanagawa Prefecture. Built in November 1991, the unit offers a wall-core exclusive area of 16.47 sqm (approximately 4.98 tsubo). The layout features a 5-tatami mat Western-style room and a 1.5-tatami mat kitchen area. The main living space benefits from a southwest-facing orientation, ensuring good sunlight. Building amenities include an elevator and the management is fully entrusted with a patrol-based superintendent system.
Key equipment and features of the property include an IH cooking heater, ample storage space, and city gas. Special notes indicate that the current condition of the property takes precedence. The registered exclusive area is 13.66 sqm (approx. 4.13 tsubo), while the wall-core measurement is 16.47 sqm. The land share is a 1/60 ownership right of a 330.00 sqm plot. Notably, the property presents a compelling investment opportunity with a projected annual rental income of 420,000 Yen (based on an assumed monthly rent of 33,000 Yen plus 2,000 Yen in management fees) and an estimated yield of 11.05% at full occupancy.