Yield 7.4%158,000,000 JPYA Whole residential building, 14units, Morioka14648 m² (6975 sqft)Property Type:Apartment BuildingGross Yield:7.36%Estimated Annual Rental Income:11,628,000 JPYDescriptionInvestment Highlights – Morioka City, Iwate PrefecturePrime LocationJust a 14-minute walk from the nearest station, with excellent access to Morioka’s vibrant commercial area. The neighborhood offers a wide variety of restaurants, supermarkets, and entertainment spots, making it a highly desirable residential environment.Fully Occupied & Income-GeneratingThe property is currently operating at 100% occupancy, ensuring investors immediate rental income from day one.Strong Tenant AppealDesigned for families, all units are spacious and functional. The property offers 19 parking spaces for just 14 units, an outstanding ratio that gives tenants peace of mind and long-term convenience.Stable & Future-Proof AssetSituated in Morioka—the prefectural capital of Iwate—this property benefits from steady demand. With each unit separately registered, investors also have the flexibility to sell units individually in the future.See allShow lessProperty DetailsProperty Code: S0021008Agency Property Code : Location1-12-6 Mukai Nakano, Morioka-shi, IwateTransportationJR Tōhoku Main Line Senbokucho Station. 14min walkFloor Size648.00 m² (6975 sqft)Floors4 floors above groundLand Size658.78 m² (7091 sqft)Land RightsOwnershipTotal Units14 UnitsYear BuiltFeb, 1998StructureRCStatusRentedAvailable FromAskParking SpaceNo VacancyConnecting RoadsSouth: Width about 6.0m (Public roads) / East: Width about 9.0m (Public roads)Building Coverage Ratio60%Floor Area Ratio200%City PlanningUrbanization promotion areasLand Categoryresidential areasLand Use ZoningCategory 1 medium-to-high-rise exclusive residential districtsNational Land Use Planning ActType of TransactionOpen Listing AgreementRemarkMap ViewDate UpdatedOct 3, 2025Next Update ScheduleOct 17, 2025Make Inquiry
