Sapporo Higashi │ High-Yield (9.02%) 10 Unit Apartment
Commercial
Hokkaido
/
Sapporo
450.03
sqm
298.79
sqm
2004
3-32, Kita 32 jo Higashi 7 chome,
Sapporo,
Hokkaido
065-0032
[PROPERTY OVERVIEW] * Property Type : Income-Generating Apartment Building * Yield (Gross) : 9.02% (Estimated Full Occupancy) / 8.89% (Current)
[LOCATION & ACCESS] * Access : Subway Toho Line "Shindo-higashi" Station (15-min walk)
[LAND] * Category / Rights: Residential Land / Freehold Ownership * Private Road Area: None * Road Width : South side 6.00m (Public Road) * Frontage : Approx. 11.51m
[BUILDING] * Structure : Wood & Reinforced Concrete (RC), Galvanized Steel Sheet Roof 3-Story Building * Total Units / Layout: 10 Units / All 1LDK * Unit Size : 30.16 sqm and others * Parking : 10 Spaces
[RENTAL & FINANCIAL STATUS] * Occupancy Status : High Occupancy Rate (Residential: 10/10 units | Parking: 9/10 spaces) * Monthly Income : ¥463,000 (Current) / ¥469,600 (Est. Full Occupancy, Tax incl.) * Annual Income : ¥5,556,000 (Current) / ¥5,635,200 (Est. Full Occupancy, Tax incl.)
-------------------------------------------------------------------------------- [KEY INVESTMENT HIGHLIGHTS] * High Occupancy & 1-to-1 Parking Ratio (10 Spaces for 10 Units): All 10 units are high-demand 1LDK layouts, paired with 10 on-site parking spaces. This rare 1-to-1 parking ratio provides a strong competitive advantage in Sapporo.
* Prime Location with Excellent Neighborhood Amenities: Convenient daily living with essential services all within short walking distance: - Supermarket: approx. 380m - Convenience Store: approx. 150m - Post Office: approx. 270m
* Popular In-Unit Features: All units feature separated bath and toilet. Select units (Nos. 102, 103, 203) are equipped with air conditioning, boosting tenant recruitment appeal.
* Solid Structure & Stable Income Stream: Durable wood & RC hybrid construction yielding 9.02% at full occupancy, offering immediate and dependable cash flow.
-------------------------------------------------------------------------------- [NOTES & REMARKS] * LP Gas Supplier Agreement Assumption Required (15-year contract from June 2024) * Yield calculation includes annual rent, utility pole usage fees, and road heating fees.
[INTERIOR AMENITIES] * Separate Bathroom and Toilet (All Units) * Air Conditioners Installed in Select Units (Units 102, 103, 203)