An excellent opportunity to acquire a fully leased, income-generating apartment building in Kawasaki City, offering immediate cash flow and stable performance. This owner-change property, completed in 2021, features modern construction, efficient unit layouts, and strong tenant-oriented amenities, making it a compelling option for long-term residential investment.

The steel-frame, two-story building consists of two thoughtfully designed units, including a 1K and a 1R with loft, both equipped with contemporary features such as auto-lock entry, delivery lockers, TV monitor intercoms, and modern bathroom and kitchen facilities. These amenities contribute to tenant satisfaction and sustained occupancy.

The property benefits from multiple JR stations within walking distance, providing convenient access to Kawasaki Station and onward connections to central Tokyo. The surrounding area offers everyday conveniences, supporting consistent rental demand and long-term income stability.

With freehold ownership, recent construction, compliance documentation in place, and no anticipated major capital expenditures in the near term, this asset presents a balanced investment profile combining steady yield (5.4%), operational simplicity, and asset preservation. It is well suited for investors seeking reliable exposure to the Greater Tokyo rental market through a low-maintenance residential property.