A 4-storey reinforced concrete residential building with 16 units in Takano, Ritto, a 22-minute walk from JR Tehara Station. Pets are allowed in the building. - Access: 22 minutes walk from Tehara Station (JR Kusatsu Line); approx. 10 minutes by bus from Ritto Station (JR Tokaido Main Line) - Price: ¥149,000,000 (tax included); gross yield 8.35% at full occupancy (projected annual rent ¥12,451,200; current annual rent ¥10,030,800, per the listing materials) - Building: reinforced concrete, 4 storeys, completed March 1988, total floor area 1,066.56㎡; 16 × 3LDK units (units 302 and 305 converted from 3LDK to 2LDK), approx. 60㎡ each; no elevator - Land: 991.8㎡ (registered), freehold; faces a road approx. 4.3 m wide on the east - Zoning: neighbourhood commercial district / Category 1 medium-to-high-rise exclusive residential district, building coverage 60%, floor area ratio 200%; urbanisation promotion area - Works done: roof re-roofing (February 2019); water mains from the booster pump to the pipe shafts replaced (May 2021); certificate of inspection issued - Equipment: propane gas, bicycle parking, 19 parking spaces - No condition to take over the current management contract