Eminence N40 is a fully occupied, four-story reinforced concrete investment apartment building located in Higashi Ward, Sapporo.
The property is conveniently situated approximately a seven-minute walk from Motomachi Station on the Sapporo Municipal Subway Toho Line. Priced at JPY 113,000,000, the property generates an estimated annual rental income of JPY 11,744,880, representing an attractive gross yield of approximately 10.38%.
Built in February 1991, the building comprises 24 residential units and has a total floor area of 944.44 m². The property sits on a 355.60 m² freehold site and includes on-site parking.
The property is currently fully occupied, providing immediate and stable rental income for prospective investors.
The site faces two public roads: an approximately 7-meter-wide road to the south with approximately 15.4 meters of frontage, and an approximately 10.9-meter-wide road to the east with approximately 23.0 meters of frontage.
Additional Property Information:
Structure: Reinforced Concrete (RC)
Number of Floors: 4 Total Units: 24
Tenure: Freehold
Current Status: Fully Occupied
Estimated Annual Rental Income: JPY 11,744,880
Gross Yield: Approximately 10.38%
Parking: Available
Private Road Burden: None
Land Category: Residential Land
City Planning: Urbanization Promotion
Area Zoning: Category II Mid/High-Rise Oriented Residential Zone
<p>Eminence N40 is a fully occupied, four-story reinforced concrete investment apartment building located in Higashi Ward, Sapporo.</p><p>The property is conveniently situated approximately a seven-minute walk from Motomachi Station on the Sapporo Municipal Subway Toho Line. Priced at JPY 113,000,000, the property generates an estimated annual rental income of JPY 11,744,880, representing an attractive gross yield of approximately 10.38%.</p><p>Built in February 1991, the…