Charming Living Spaces Minutes from Sakura Park!

Discover comfort and convenience with this delightful vacation stay building, strategically located just a 4-minute walk from Morigichi Station on the Tanimachi line, and a mere 5-minute stroll from Moriguchi Station on the Keihan Main line. Further down the road past the railway lines is the locally famous Sakura Field - a large flat park with lined sakura trees, that in the Spring blossom to reveal a mesmerizing pink-white forest.

Quaint 4-Story Apartment Complex:

Built on June 1, 1986, this charming apartment complex features a sturdy 4-story structure with a steel flat roof. Offering a total of 19 spacious 1K units across its 4 floors, the property provides a cozy and welcoming living environment. The total floor area of 415.72㎡ ensures ample space for residents to enjoy.

Investment Insights:

• Listing Price: ¥140,000,000
• Gross Yield: 9.08%
• Current Full Room Yield: (Annual Rent)
• Current Annual Rent Income: ¥12,714,432

Property Features:

• Entire building for sale
• Minutes away from Morigichi Station and Keihan Main line
• Charming 4-story structure with a steel flat roof
• 19 comfortable 1K units
• Ideal gross yield of 9.08%

Notes from the Seller:

*6 rooms used as private accommodation
*¥486,036 Income for the last three months of private accommodation

*November 2017 rooftop waterproofing, entrance work, partial replacement of exterior walls

*Please be aware that this property may have already been sold by the time you view it*
*Exchange rate calculated Dec 8, 2023, 00:53 UTC at 1 USD = 143.117* JPY*