[PROPERTY OVERVIEW]
* Property Type : Income-Generating Apartment Building (Single-Owner)
* Yield (Gross)  : 16.91% (Current / Estimated Full Occupancy)

[LOCATION & ACCESS]
* Access : JR Hakodate Main Line "Otaru" Station
           ~7-min bus ride (Hokkaido Chuo Bus "Nagahashi 5-chome" stop, 5-min walk)

[LAND]
* Category / Rights: Residential Land / Freehold Ownership
* Private Road Area: Approx. 68.59 sqm
* Road Width       : West side approx. 6.00m (designated road)
                     South side approx. 6.00m (designated road)
* Frontage         : West side approx. 31.10m / South side approx. 11.58m

[BUILDING]
* Structure        : Reinforced Concrete (RC), Galvanized Steel Sheet Roof
                     4-Story Building with 1 Basement Level
* Total Floor Area : 712.42 sqm (approx. 215.50 tsubo)
* Total Units / Layout: 8 Units / All 3LDK (Family-Friendly Layouts)
* Unit Size        : 78.96 sqm (Spacious Living Areas)
* Parking          : 6 Spaces

[RENTAL & FINANCIAL STATUS]
* Occupancy Status : Fully Occupied (Residential: 8/8 units | Parking: 6/6 spaces)
* Monthly Income   : ¥420,000 (Tax incl.)
* Annual Income    : ¥5,040,000 (Tax incl.)

--------------------------------------------------------------------------------
[KEY INVESTMENT HIGHLIGHTS]
* Exceptional Yield & Instant Cash Flow:
  Delivers an outstanding 16.91% gross yield with 100% current occupancy,
  ensuring immediate and robust rental cash flow from Day 1.

* High-Demand Family Units:
  All 8 units feature generous 3LDK layouts (78.96 sqm), attracting stable,
  long-term family tenants in the Otaru residential hub.

* Extensive Recent Capital Improvements:
  Well-maintained asset with major exterior, roof, and common area upgrades 
  completed recently, significantly reducing near-term CAPEX requirements.

* Durable RC Construction:
  Built with reinforced concrete, offering superior structural longevity, 
  earthquake resistance, and soundproofing for tenant comfort.

--------------------------------------------------------------------------------
[NOTES & REMARKS]
* Transaction Type: Official Public Register Basis (Koubo Transaction)
* Water Storage Tank System Installed (Secondary Water Supply)
* Subleased Monthly Parking: 2 spaces (¥12,000/month)

[RENOVATION & MAINTENANCE HISTORY]
* Apr 2021: Roof Painting Works
* Jun 2021: Common Area Renovation Works
* Oct 2021: Fire Escape Hatch Replacement
* Sep 2024: Exterior Wall Repair & Maintenance

[INTERIOR AMENITIES]
* Vanity / Washbasin
* Air Conditioner
* Video Intercom System
* Kerosene Room Heater
* Gas Water Heater