Prime Apartment Complex Investment Opportunity in Moriguchi, Osaka

Address: 1chōme-1-27 Midoriguchi, Moriguchi, Osaka 570-0084

Property Type: Apartment Complex

Price: ¥150,000,000

Yield:

• Current Gross Yield: 8.56%
• Current Annual Rent Income: ¥12,854,400
• Full Room Yield: 9.04%
• Potential Annual Rent Income: ¥13,574,400

Property Details:

• Total Floor Area: 564.29㎡
• Land Area: 162.63㎡
• Structure: 6-story steel frame
• Year Built: 1990
• Units: 39 units (1R x 39)

Location & Accessibility:

• Proximity to Station: 10-minute walk to Taishibashi-Imaichi Station (Tanimachi line)

Description: Invest in this lucrative apartment complex situated in the desirable area of Moriguchi, Osaka. This 6-story steel-framed building offers 39 one-room units, making it an ideal choice for singles and young professionals seeking convenient and affordable accommodation. The property boasts a total floor area of 564.29㎡ and a land area of 162.63㎡.

Strategically located just a 10-minute walk from Taishibashi-Imaichi Station on the Tanimachi line, residents enjoy excellent connectivity to the rest of Osaka, enhancing the property's appeal and rental demand.

Financial Projections and ROI Calculations:

Current Gross Yield:

• Annual Rent Income: ¥12,854,400
• Gross Yield: (Annual Rent Income / Property Price) * 100 = (¥12,854,400 / ¥150,000,000) * 100 = 8.57%

Full Room Yield:

• Potential Annual Rent Income: ¥13,574,400
• Full Room Yield: (Potential Annual Rent Income / Property Price) * 100 = (¥13,574,400 / ¥150,000,000) * 100 = 9.05%

Operating Expenses Estimate:

• Assume operating expenses are approximately 20% of gross rental income.
• Current Annual Operating Expenses: ¥12,854,400 * 0.20 = ¥2,570,880
• Potential Annual Operating Expenses: ¥13,574,400 * 0.20 = ¥2,714,880

Net Operating Income (NOI):

• Current NOI: ¥12,854,400 - ¥2,570,880 = ¥10,283,520
• Potential NOI: ¥13,574,400 - ¥2,714,880 = ¥10,859,520

ROI Calculation:

• Current ROI: (Current NOI / Property Price) * 100 = (¥10,283,520 / ¥150,000,000) * 100 = 6.86%
• Potential ROI: (Potential NOI / Property Price) * 100 = (¥10,859,520 / ¥150,000,000) * 100 = 7.24%

Brief Market Report for Moriguchi, Osaka:

Market Overview: Moriguchi, located in the northern part of Osaka, is a well-developed residential area known for its convenient transportation links and comprehensive amenities. The area is popular among families and young professionals due to its proximity to central Osaka and access to reliable public transportation.

Transport Links:

• Taishibashi-Imaichi Station on the Tanimachi line provides residents with easy access to key areas in Osaka, enhancing the attractiveness of residential properties in the vicinity.
• The efficient transportation network contributes to the high demand for rental properties, ensuring a steady stream of tenants.

Economic Factors:

• Osaka’s economy remains strong, supported by diverse industries such as commerce, manufacturing, and tourism.
• Real estate prices in Osaka have shown consistent appreciation, with demand for residential properties continuing to rise.

Rental Market:

• The rental market in Moriguchi is robust, with high occupancy rates and increasing rental prices.
• Properties close to transport hubs like Taishibashi-Imaichi Station are particularly sought after, ensuring minimal vacancy periods.

Investment Potential:

• Investing in Moriguchi offers significant potential for capital appreciation and rental income.
• The area’s ongoing development and infrastructural improvements further enhance its appeal to both domestic and international investors.

Conclusion: This apartment complex in Moriguchi, Osaka, represents a prime investment opportunity. With strong rental yields, solid ROI potential, and a strategic location, it is well-positioned to provide substantial returns. Contact us today to arrange a viewing or for more information.

Please be aware that this property may have already been sold by the time you view it.

Last updated May 24, 2024, 12:09 UTC at 1 USD = 157.070 JPY