A prime investment opportunity in Osaka's vibrant Minato Ward, this entire 10-story steel-frame income apartment building, was built in June 1989. Situated in Okamoto-cho, the property boasts excellent connectivity, being just an 11-minute walk from both JR Loop Line Bentenchō Station and Osaka Metro Bentenchō Station, ensuring convenient access for residents. The building features a total floor area of 1719square meters on a generous land size of 414square meters. Comprising 89 residential units and a 1st-floor warehouse, all currently leased, this property offers immediate and stable rental income. As of the current financial year, the annual income stands at 51,872,844 JPY, with a projected full occupancy income of 58,472,844 JPY, indicating a solid return on investment. Zoned for commercial use within an urban planning area, it presents diverse potential. With a robust structure and a track record of tenancy, this asset is ideal for investors seeking a substantial and strategically located income-generating property in one of Japan's major metropolitan areas. The sale price is 600,000,000 JPY (tax included), with an annual fixed asset tax of 1,580,923 JPY.
