Rental Property (entire building)

    JPY 220,000,000
Otaru, Hokkaido, Japan
  • Apartment
  • Property Type
  • 23
  • Bedrooms
  • 23
  • Bathrooms
  • 1898

Rental Property (entire building)

Otaru, Hokkaido, Japan
    JPY 220,000,000

Overview

  • Apartment
  • Property Type
  • 23
  • Bedrooms
  • 23
  • Bathrooms
  • 1898

Description

JPY220,000,000

Rental properties in Sapporo are still an undiscovered value. Earning almost double the returns of properties in the Tokyo/Osaka area the opportunities to secure both a solid cash income earning property and potential for appreciation in value.

 

This low maintenance reinforced concrete building is very reasonably priced, generates a solid return and is situated close to transportation, shopping and parks.

This building generates a reliable annual income

  • *The current yield is the ratio of the current rent income per year to the selling price, and it is before the deduction of public tax and other expenses necessary to retain the property.
  • The rule of thumb for maintenance, taxes and management costs is 1.5 ~ 2.0% of annual income. We can recommend a reliable property management firm who will keep your apartments maintained, in good repair and find tenants.

Contact us for full disclosure of all operating costs.

Details

Updated on February 15, 2023 at 5:10 pm
  • Price: JPY 220,000,000
  • Property Size: 1898 m²
  • Land Area: 572 m²
  • Bedrooms: 23
  • Bathrooms: 23
  • Property Type: Apartment
  • Property Status: For Sale
  • Address Otaru, Hokkaido, Japan
  • Area Hokkaido - Other Areas

Similar Listings

Hakodate historical Brick villa

  • Beds: 2
  • Baths: 2
  • 92.56
  • 462.74
    JPY 380,000,000

Muroran Ocean Side Property – Mutekirou

  • Beds: 5
  • Baths: 3
  • 371
  • 12000
    JPY 150,000,000

Compare listings

Compare
H2 Christie’s International Real Estate
  • H2 Christie’s International Real Estate

FIND YOUR DREAM HOME

Subscribe To Our Newsletter To Get The Latest Updates