Maison de Mesure: A Compact Investment Apartment in Matsuyama

This property is a one-room apartment located on the second floor of a four-story reinforced concrete (RC) building in Matsuyama's central district. The apartment offers a compact living space with a wall-core exclusive area of 19.04 sqm (approximately 5.75 tsubo) and features a south-facing balcony measuring 2.79 sqm. The building, constructed in February 1990, comprises 83 units in total and is managed by Presto Service Inc. under a fully outsourced arrangement with no on-site manager.

Key financial details include an asking price of 2.3 million yen. Monthly running costs consist of a 3,500 yen management fee and a 5,100 yen repair reserve fund. The property is currently tenanted, generating an estimated annual rental income of 217,000 yen, which translates to a projected annual yield of 9.43%. An owner change is scheduled for the year. The building is equipped with a bicycle parking area and a motorcycle parking space. Important notes specify that the floor plan prioritizes the current condition of the property. The transaction is handled as a general intermediary, and the responsible agent is Toru Maniwa.