Casa Feliz, an 8-storey reinforced concrete apartment building with 70 units in Nishi-Ishii 1-chome, Matsuyama, 16 minutes walk from Iyo-Tachibana Station. - Price: ¥378,000,000; gross yield 9.11% at full occupancy (annual rent ¥34,451,124 at full occupancy, per the listing materials) - Access: 16 minutes walk from Iyo-Tachibana Station (Iyotetsu Yokogawara Line) - Building: reinforced concrete, 8 storeys, completed June 1996; total floor area 1,716.84㎡ (1F 236.43㎡, 2F–7F 223.83㎡ each, 8F 137.43㎡) - Units: 70 in total (1R × 64, 1LDK × 5, 2DK × 1); typical 1R with an 8.5 jo Western-style room, kitchenette, unit bath, separate toilet and balcony (per the floor plan) - Land: 1,107.19㎡ (approx. 334.9 tsubo, registered), freehold, residential land; faces a 5 m road on the west; no private-road burden or setback - Zoning: urbanization promotion area, Category 1 residential zone, building coverage 60%, floor area ratio 200%; Article 22 fire-prevention district - Parking: 40 spaces - Handover: negotiable