Your own 40 unit subleased apartment complex awaits...

This massive property is conveniently only a 7 minute walk from Hiraoka Station (on the Kinki Nippon Railway Kintetsu-Nara Line) for the tenants to travel from.

Newly constructed in February of 1987, this design stands mature and strong due to it's structural steel framing. This property features the common slate roofing and is of a white finish.

The number of units for this property totals 40! Here is a breakdown of the rooms:

• 1DK x 12 units
• 2DK x 28 units
  

Pre-R Hiraoka is currently listed in Japan for 262,300,000 yen and, assuming all units and parking spaces are paid for, this property projects a 9.42% gross yield annually. Do keep in mind that since this property is currently under a sublease agreement some payments may come in bulk.

Notes from the seller:

■ Return security deposit liability balance (Kansai method)

■ Under sublease agreement

*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 Nov 13, 2023 04:19 UTC at 1 USD = 151.70 JPY*