Asset Type: Income-producing residential apartment
Location: Kutchan (7 min drive from JR Kutchan Station)
Status: Fully leased / stabilized
Completion: December 2023 (new build)

Building & Unit Mix

• Total units: 12
• Structure: 2-storey wood construction
• Parking: 12 spaces (100% allocated)

Income & Returns

• Occupancy: 100%
• Gross yield: approx. 6.0%
• Asking price: ¥190,000,000 (tax included)

Key Investment Benefits

• Brand-new asset – minimal capex, modern spec, strong tenant appeal
• Fully stabilised from day one – no lease-up risk
• Parking-backed rents – every unit includes parking
• High local rental demand – long-term residential market in Kutchan
• Low-density zoning – limits competing future supply
• Potential upside via rent growth and long-term land value

Additional Notes

• Located in a quiet residential zone with strong tenant retention
• Access road currently private; planned upgrade to town road subject to conditions
• Suitable for domestic or overseas investors seeking hands-off income

Quiet sale.
Full disclosure available to qualified parties.