Investment Opportunity: Apartment Building and Rental House in Omura City, Nagasaki
This is a unique investment opportunity offering a multi-unit apartment building and a separate rental house, both located in Omura City, Nagasaki Prefecture. The property is being sold as a single transaction. The apartment building, constructed by Sekisui House, is a lightweight steel frame structure with two floors and a total of five units. The total floor area of the apartment building is 122.04 square meters, with 61.02 square meters on each floor. The unit layouts consist of 2K-style rooms. In addition, there is a separate wooden, single-story rental house built in November 1974. Both the apartment and the house are currently fully occupied, generating a combined monthly rental income of 174,000 yen (124,000 yen from the apartment and 50,000 yen from the house).
The property is situated on a land area of 490.4 square meters. The land is flat and rectangular in shape. The property faces a public road to the south with a width of 2.8 meters and a frontage of 10 meters. The road is paved. The property is located in a Category 1 Medium-to-High-Rise Residential Zone. The building coverage ratio is 60%, and the floor area ratio is 200%. A set-back of 6 square meters is required. One parking space is available free of charge. Utility connections include city gas, public water supply, public sewer, hot water supply, and electricity. The units feature dedicated toilets, separate bath and toilet, and a shower. The property is being offered as an owner-change (tenant-occupied) sale with a current yield of approximately 8.7%.
