Spacious 2DK Apartment with Investment Potential in Saga City
This property is a well-maintained 2DK apartment located on the 7th floor of an 11-story building in Saga City, Saga Prefecture. The apartment offers a generous wall-core exclusive area of 39.76 sqm (approximately 12.02 tsubo) and includes a 6.24 sqm balcony with eastern exposure for excellent natural light. The building, constructed in January 1992 with a steel-reinforced concrete (SRC) structure, features a tiled exterior and essential amenities including an elevator and a bicycle parking area.
Translated agent notes provide key details: The property is currently tenanted, with an owner change scheduled for the year. It offers a projected annual rental income of 576,000 yen and an attractive projected annual yield of 9.93%. Monthly fees include a 5,400 yen management fee and a 5,170 yen repair reserve fund. Additional running costs are a 100 yen monthly association fee and a 600 yen monthly neighborhood association fee. The building is managed by Japan Housing Corporation under a fully entrusted,巡回 (patrol-based) system with a management association. The transaction method is 専任媒介 (exclusive agency).
