8
408.24m²
Sold
Sapporo Shiroishi Apartment | 9.01% Yield | Fully Occupied Investment
KikusuiMotomachi 7-jo 4-chome, Shiroishi-ku, Sapporo-shi
This fully occupied apartment building in Sapporo offers a high-yield investment opportunity with stable and immediate cash flow.
With a gross yield of 9.01% and full occupancy (8/8 units), the property provides consistent rental income from day one. Built in 2007, it is relatively modern, helping to minimize near-term capital expenditure risks.
The property consists of eight 1LDK units, a layout that supports steady rental demand. In addition, all units include dedicated parking spaces, making the property well-suited to an area where car usage is common.
Investment Highlights:
- Gross Yield: 9.01%
- Annual Income (Full Occupancy): JPY 4,960,800
- Fully occupied (8/8 units)
- Parking spaces for all units (8 spaces)
- Additional vending machine income (~JPY 15,000/year)
The property is accessible via bus to JR Shiroishi Station, with a bus stop located approximately 5 minutes on foot. The surrounding area offers convenient access to daily amenities such as supermarkets, convenience stores, and financial institutions.
This asset is ideal for investors seeking a balance of high yield, stable occupancy, and manageable risk in a major Japanese city.
Property Details
Price:
Year Built:
2007
Property Type:
Apartment Building
Bedrooms:
8
Bathrooms:
Structure:
Wooden
Property Size:
408.24m²
Land Area:
245.46m²
Land Rights:
Ownership
Parking Space:
Ask
Type of Transaction:
Brokerage
Status:
Rented
Building Coverage Ratio:
60%
Floor Area Ratio:
200%
City Planning:
Urbanization Promotion Area
Land Use Zoning:
Second Upper-Middle Residential Zone
Land Category:
Residential Land
Transport:
Shiroishi Station (JR Hakodate Line) – 8 min by bus, then 5 min walk from Kikusui motomachi 6 jou 4 choume bus stop
Connecting Road:
South East:
Width about 8.0m
(Public road)
Available From:
Ask
Address
KikusuiMotomachi 7-jo 4-chome, Shiroishi-ku, Sapporo-shi