Investment Property: New Multi-Unit Building in Matsumoto's Shimachi Area
This property is a newly constructed lightweight steel-frame apartment building located in the Shimachi area of Matsumoto City, Nagano Prefecture. The building consists of two floors and contains eight residential units, each designed as a 1LDK layout. The individual unit sizes range from 32.38 square meters to 42.24 square meters. The building is scheduled for completion in April 2026 (Reiwa 8), with handover also planned for April 2026. The total land area is 516.77 square meters, and the total building floor area is 343.88 square meters. The property includes parking for eight vehicles and uses propane gas.
The surrounding area is noted for its abundance of public cultural and sports facilities, including the Music and Culture Hall, Lara Matsumoto, and the Shimachi Gymnasium. The property is approximately a 10-minute walk (750 meters) from the JR Oito Line's Shimachi Station, and a 2-minute drive from the same station. The school district is specified for the area.
Important notes regarding the rental management system (一括借上/bulk leasing) are provided. When renting out this residential property, there are certain conditions set by the lessee (which may include a sublease company). Rent may be revised after a certain period from the contract start date, or at intervals specified in the contract, following consultation between the landlord and tenant. Regardless of the revision timing, rent may also be adjusted if it becomes inappropriate due to changes in economic conditions or significant shifts in neighborhood rents. If agreement on a rent revision is reached after the scheduled revision date, the revision may be applied retroactively. Under the lease contract, a rent-free period may apply. The property owner is responsible for costs related to the maintenance and repair of the building and its facilities. The lease contract may be terminated during the contract period, and if the landlord refuses renewal, a valid reason is required. The annual estimated rental income is 7,596,000 yen, representing a 5.00% yield. The property is being sold with a price of 151,800,000 yen. The construction company is Daiwa House Industry Co., Ltd. The building confirmation number is ERI-25029634. The property is zoned as Category 1 Residential with a building coverage ratio of 60% and a floor area ratio of 200%.
