You can get the stable rent income in Japan
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
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
Rent: 70,000 yen/month
Gross Yield: 14%
Other: Elevator, Auto-Lock, Space for washing machine
Rented by local bank.
The lease contract has started since July 4th 2015 and it is 2 years renew.
Please click the link below to see some photos of other rooms in the same apartment for your reference.
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.
If you are interested in this property, please inquire me as soon as you can!!
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