Exclusive Listing · Japan

Apartment Building in Fukuonjimachi, Matsuyama Commercial Property in Ehime, Japan

Fully let seven-storey concrete apartment block close to a city rail station

Price
JPY 348.00M
Completion
Completed

Introduction

Matsuyama is the largest city on Shikoku and the capital of Ehime prefecture. This reinforced concrete apartment block of seven storeys is fully occupied and sold with its tenants in place, so rental income is already running. It stands on a freehold corner plot with generous parking, a short walk from a local rail line, and every unit has a south-facing veranda. It suits an investor wanting an established residential income asset in regional Japan.

Why This Opportunity

  • Let and operating from day one

    The block is fully occupied and is sold with tenants in place, so a buyer acquires an operating asset rather than a vacant building.

  • Short walk to the rail line

    The nearest station is about two minutes away on foot, which is the access most tenants of compact units prioritise.

  • Freehold corner plot with parking

    The site is freehold, with road frontage on two sides and parking on site plus additional leased spaces.

  • Consistent, south-facing units

    Each unit follows the same one-room layout with a separate toilet and a south-facing veranda, which simplifies management and letting.

The Area

Where it is

Getting around

  • Fukuonji Station (福音寺駅)

    Train station · Iyotetsu Yokogawara Line · 160 m · 2 min walk · 7 min to Matsuyama City Station

  • Kume Station (久米駅)

    Train station · Iyotetsu Yokogawara Line · 1.7 km · 21 min walk · 11 min to Matsuyama City Station

  • Matsuyama Airport (松山空港)

    Airport · 10.6 km · 14 min drive

Nearby

  • Matsuyama Red Cross Hospital (松山赤十字病院)

    Hospital with ER · 4.2 km · 8 min drive

  • AEON Style Matsuyama (イオンスタイル松山)

    Shopping centre and supermarket · 1.6 km · 20 min walk

  • Tenzan Tron Onsen (天山トロン温泉)

    Onsen · 1.2 km · 16 min walk

  • Matsuyama Castle (松山城)

    Landmark · 4.4 km · 9 min drive

Schools

  • Matsuyama City Fukuon Elementary School (松山市立福音小学校)

    Public elementary school · Primary · 50 m · 1 min walk

  • Matsuyama City Kume Junior High School (松山市立久米中学校)

    Public junior high school · Lower secondary · 2.9 km · 6 min drive

  • Matsuyama Gakuin High School (松山学院高等学校)

    Private high school · Upper secondary · 750 m · 9 min walk

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