Description

This property is a 3-story apartment building named Neo Heim Alps located in Kitashinmachi, Matsubara-shi, Osaka. It is a 1-minute walk from Nunose Station on the Kintetsu Minami Osaka Line. The land area is 281.17 square meters and the total floor area is 456.43 square meters. The building was constructed in August 1991 and renovated in 2019. The building has 3 shops and 14 residential units. The land use zone is a neighborhood commercial zone with a building coverage ratio of 80% and a floor area ratio of 300%.The road is private road on the south side. This property is currently generating a monthly income of ¥623,000, and a yearly income of ¥7,476,000. At full occupancy, the estimated monthly income is ¥656,000, and the annual income is ¥7,872,000. The property is for sale for ¥100,000,000, yielding a current return of approximately 7.4% and a potential full occupancy return of approximately 7.8%.