Easy investment - sublease contracted apartment complex...

Pre-R Uribanishi is an apartment complex & store-space approximately 11 minutes walk from Kire-Uriwari Station on the Subway Tanimachi Line.

Constructed in the latter part of 1987, this building showcases maturity upheld by a sturdy steel-frame structure that is crowned by a flat roof; adorned with resilient zinc-plated steel. This design seamlessly supports the elegant wooden construction.

The composition of the 14 total units are as follows:

• Store x 1
• 1R x 4
• 1DK x 8
• 3LDK x 1

This property is listed for 72,600,000 yen and, when calculated at assumed full occupancy, it expects to return a staggering 10.23% in gross yield. Do keep in mind that since this property is currently under a sublease agreement some payments may come in bulk.

Please contact us for more information about the agreement.

Notes from the seller:

■ Return security deposit liability balance (Kansai method)

■ Under sublease contract

■ Inspected certificate available

■ Structural changes and additions (May 1988)

*Please note that in the unlikely event that the item has been sold or there is a change in the contents of the description. If there is a discrepancy between the stated items and the current situation, the current situation will take precedence.

*Exchange rate calculated Mar 2, 2024, 09:17 UTC at 1 USD = 150.113 JPY*