Over 10% Gross Yield
Today’s listing is a whole building which is combined residential units and commercial units.
This is info is really rare because of high yield and undisclosed listing.
Gross Yield: 11.08%
Popular residential area in Kitakyusyu city
(Type of unit)
Total number of unit: 60 units (55 residential units and 5 commercial units)
5 commercial units↓
Restaurant, Gym, Real Estate Company, Motorcycle Store, Coin Laundry Shop
-Kitakyusyu university 1200 meters
-Convenience store 280 meters
-Supermarket 460 meters
-Shopping mall 530 meters
-Police Office 480 meters
-Post Office 270 meters
-Bank 240 meters
-Home Center 550 meters
Please check the details below.
Name: GROWTH SI 守恒 (グロースSI守恒）
Price: 270,000,000 Yen
Google map: https://goo.gl/maps/GFn3c1WgbADvES6x7
Access: 4 mins walk to Moritsune station (守恒駅）
Structure: Reinforced Concrete
Land Rights: Freehold
Land size: 605.83 sqm
Total floor size: 1746.69 sqm
Number of total units: 60
No.of Floor: 6F
Built Year: Feb 1986
Occupancy: Fully occupied
Rent: 2,493,900 yen/month
Other: Elevator, Space for washing machine, Toilet and Bathroom separated
(Detail of monthly expenses)
-Cleaning fee: 20,000 Yen
-Common area electricity: 28,000 Yen (Average)
-Internet fee: 36,630 Yen
-Rental home appliances: 22,000 Yen
-External parking lot fee: 12,000 Yen
-Elevetor inspection: 16,500 Yen
-Entrance mat replacement: 1,600 Yen
Total: 136,730 Yen / Month
Please click the link below to see some photos 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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