Investment Opportunity: Owner Change Apartment in Tsuchiura
This is a listed sale property for an existing apartment unit undergoing an owner change. The property is an apartment located on the 1st floor of a 4-story reinforced concrete (RC) building constructed in July 1992. The unit has a total private area of 68.41 sqm (approximately 20.69 tsubo) with a 3LDK layout consisting of one Japanese-style room (6 tatami mats), two Western-style rooms (6 mats and 5 mats), and a combined living-dining-kitchen area (10 mats). The main exposure is to the south.
The property is currently vacant, allowing for immediate handover. It is presented as an investment opportunity with a projected annual rental income of 936,000 yen and a surface yield of approximately 12.48%. The monthly rent is set at 78,000 yen. Monthly running costs include a management fee of 17,530 yen and a repair reserve fund of 8,990 yen. There is also a separate neighborhood association fee of 400 yen per month. Internet, BS, and CS broadcast reception may require separate contracts and additional fees. The property is sold under the condition that a management contract is concluded with Kazusoya Fudosan.
The apartment is equipped with city gas. It is a transaction under general brokerage. The building is managed by a full outsourcing company with daytime staff. The property is located in Ibaraki Prefecture, Tsuchiura City, Nakaminami 3-chome. It is within walking distance of Arako Station on the Joban Line (approximately 17 minutes on foot). Nearby amenities include a Kasumi supermarket (786m) and a FamilyMart convenience store (618m). The local schools are Tsuchiura City Nakamura Elementary School (1,403m) and Tsuchiura City Tsuchiura Third Junior High School (587m).
