Jupiter Mansion Otsu; side-by-side apartment complexes
832 Otsucho, Matsusaka, Mie 515-0031, JapanBasics
- Category: Apartment
- Area: 2554.16 m²
- Lot size: 2648.25 m²
- Year built: 06/01/80
Description
-
Description:
Two 24-unit apartment complexes in the quaint Mie-prefecture...
Positioned for convenience, this property is a mere 5-minute walk from Higashi-Matsusaka Station on the Yamada Line, offering an excellent location for residents and potential tenants alike.
Versatile 4-Floor Structure:
These properties boast a versatile 4-story layout, housing a total of 48 rooms between them. The accommodation includes 24 x 3DK units for each building, providing plentiful living arrangements. Additionally, the property offers parking for 62 vehicles, ensuring ample space for residents.
Expansive Land Area:
Divided into two sections, with the 1st building 1277.08m² and 2nd building 1277.08m² for a total of 2648.25㎡, this property provides an expansive land area, creating a comfortable living environment.
Solid Construction Dating Back to 1980:
Built in June and November 1980, this 4-story structure stands strong with reinforced concrete, ensuring durability and longevity.
Investment Insights:
- Listing Price: ¥170,000,000
- Current Yield: 11.45%
- Current Annual Rent Income: ¥19,471,200
- Full Room Yield: 13.75%
- Full Room Annual Rent Income: ¥23,377,200
Notes from the Seller:
*As-is condition
*Please be aware that this property may have already been sold by the time you view it*
Show all description
*Exchange rate calculated Dec 4, 2023, 05:10 UTC at 1 USD = 146.867 JPY*