High Yield With Stable Tenant Property In Japan

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You can get the stable rent income in Japan

Hi everyone.

This tenant is very stable,

Rented by a local bank and it is used as the company’s dormitory.

Moreover, it is high net yield.

Please check the detail below.

Name: Lions Mansion Sannou 2 (ライオンズマンション山王第2)

Price:  6,000,000 Yen ※Negotiable 

Address: 秋田県秋田市山王3-1-25

Google map: https://goo.gl/maps/rjbBeJ4but3LL8qx7

Access: 29 mins walk to Akita station (秋田駅 JR)

Structure: Steel Reinforced Concrete

Land Rights: Freehold

Number of total units: 88

No.of Floor: 14F

Unit Floor: 3F  

 Unit Number: #3xx

Built Year: Sep 1990

Building Management/Maintenance Fee: 17,000 yen/month

Type of unit: 1LDK

Size: 47.84 sqm (center line of wall)

Balcony: need to confirm  sqm

Facing: South

Occupancy: Tenanted

Rent: 70,000 yen/month 

Gross Yield: 14%

Other: Elevator, Auto-Lock, Space for washing machine

(Lease contract)

Rented by local bank.

The lease contract has started since July 4th 2015 and it is 2 years renew.

(Photos)

Please click the link below to see some photos of other rooms in the same apartment for your reference.

https://www.homes.co.jp/archive/b-7328880/u-18286340/

(Layout)

スクリーンショット 2020-06-08 23.38.15.png

(Calculation table)

In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.

I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.

スクリーンショット 2020-06-08 23.43.53.png

If you are interested in this property, please inquire me as soon as you can!!

Please click the link below to see our other listings.

I upload around 40 new listings a week so please check it!!

https://realestate.co.jp/en/real-estate-agent/details/2644

Thank you.

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