City Park A is a fully occupied, three-story steel-frame investment apartment building located in the Sumikawa area of Minami Ward, Sapporo. The property is conveniently situated approximately a nine-minute walk from Sumikawa Station on the Sapporo Municipal Subway Namboku Line. 

Priced at JPY 42,000,000, the property generates an estimated monthly rental income of JPY 428,524 and an estimated annual rental income of JPY 5,142,288, representing an attractive gross yield of approximately 12.24%. As the property is currently fully occupied, prospective investors can benefit from immediate rental income following the acquisition. 

Built in September 1986, the building comprises 15 studio apartments and has a total floor area of 359.02 m². It stands on a 207.79 m² freehold site and has available parking. There is no security deposit refund obligation. 

The property is located within an Urbanization Promotion Area and is designated as a Category I Mid/High-Rise Oriented Residential Zone. The applicable building coverage ratio is 60%, and the floor area ratio is 200%. The location also offers convenient access to winter recreation, with Sapporo Moiwayama Ski Area approximately eight minutes away by car and Sapporo Bankei Ski Area approximately 19 minutes away by car. 

The property faces a public road on the north side that is approximately 7.2 metres wide, with approximately 10.3 metres of frontage. The property is offered through brokerage and will be sold based on the registered property area in its current condition. The purchaser will be required to continue the existing gas and kerosene supply arrangements. The handover date is negotiable.