Exclusive Listing · Japan
Recently built, mostly let wooden apartment block close to two rail stations in Sakai
Sakai is part of the Osaka conurbation, and this income-producing apartment building stands a short walk from two railway stations, one on the Nankai Koya Line and one on the JR Hanwa Line. The building is a three-storey wooden structure completed in 2018, with compact one-bedroom and studio-style apartments, a landscaped entrance, car parking and a covered bicycle shelter. It stands on freehold residential land facing a public road to the south. It is sold as an owner change with most apartments already let and managed under a management contract, which suits an investor who wants an occupied, recently built asset.
Why This Opportunity
The sale is an owner change with nearly all apartments occupied. A buyer takes over an operating building under an existing management contract.
Completed in 2018, the building is a recent wooden structure with modern bathrooms and kitchens. Its three storeys carry projecting balconies.
Two rail lines are reachable on foot, which gives tenants more than one route into central Osaka.
The plot is freehold residential land, so ownership of the ground comes with the building.
The apartments are small, between roughly 29 and 38 sq m. They suit single occupants and couples near a station.
The Area
Getting around
Kansai International Airport (関西国際空港)
Airport · 36.8 km · 1 h 14 min drive
Asakayama Station (浅香山駅)
Train station · Nankai Koya Line · 530 m · 7 min walk · 29 min to Osaka-Namba
Asaka Station (浅香駅)
Train station · JR Hanwa Line · 920 m · 12 min walk · 23 min to Tennoji Station
Nearby
Mimihara General Hospital (耳原総合病院)
Hospital with emergency department · 4.7 km · 9 min drive
AEON Mall Sakai Teppocho (イオンモール堺鉄砲町)
Shopping mall · 1.8 km · 23 min walk
Daisen Park (大仙公園)
Park · 4.2 km · 8 min drive
Schools
Sakai Municipal Asakayama Elementary School (堺市立浅香山小学校)
Public elementary school · Primary · 170 m · 2 min walk
Sakai Municipal Asakayama Junior High School (堺市立浅香山中学校)
Public junior high school · Junior high · 420 m · 5 min walk
Osaka Prefectural Mikunigaoka High School (大阪府立三国丘高等学校)
Public high school · Senior high · 2.1 km · 26 min walk
Questions
Continue Exploring
Other Properties
Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.