Compact Investment Apartment in Kawaguchi, Saitama
This property is a one-room apartment for sale, located on the 2nd floor of a 3-story steel-framed building in Kawaguchi City, Saitama Prefecture. The unit has a private balcony measuring 2.4 square meters. The building itself was constructed in March 1991 and contains a total of 12 units. Management is fully entrusted to a management association, with a management company providing services on a巡回 (rotational/patrol) basis.
The apartment is currently tenanted, generating an estimated annual rental income of 572,000 yen, which translates to a projected yield of 12.71%. The transfer of ownership is planned. The monthly running costs for the owner consist of a 6,000 yen management fee and a 2,000 yen repair reserve fund. There is no parking available on-site.
Transportation access is provided by the JR Keihin-Tohoku/Negishi Line, with Wakabayashi Station approximately a 16-minute walk away and Nishi-Kawaguchi Station about a 24-minute walk. The property is situated in a Second Category Medium-to-High-Rise Exclusive Residential Zone. The sale is handled under an exclusive intermediary arrangement.
