Investment Apartment Building in Chiba City
This is a wooden apartment building located in the Benten 4-chome area of Chuo-ku, Chiba City, Chiba Prefecture. The property sits on a land area of 170.41 square meters (approximately 51.54 tsubo) and has a total floor area of 139.12 square meters (approximately 42.08 tsubo). The building was constructed in September 1986 and rises two stories above ground. It comprises a total of eight residential units.
The property is currently tenanted and will be sold with the existing lease agreements transferred to the new owner. The unit sizes range from 17.39 square meters to 17.50 square meters. The unit mix includes five 1R (one-room) apartments and three 1K (one-room with kitchen) apartments. Please note that the parking spaces are not currently being recruited for tenants.
The building faces a public road to the northeast with a width of 4 meters and a frontage of 11.8 meters. There is also a second road frontage: a public road to the southwest with a width of 3.7 meters and a frontage of 13.6 meters. The site has a sloping terrain. The property is designated as Category 1 residential zone under urbanization promotion area regulations, with a building coverage ratio of 60% and a floor area ratio of 200%. Land rights are freehold ownership.
The property is within walking distance of multiple train stations, including a 12-minute walk to Nishi-Chiba Station on the JR Sobu/Chuo Line, a 15-minute walk to Chiba Station on the JR Sobu Main Line, and a 20-minute walk to Keisei Chiba Station on the Keisei Electric Railway Chiba Line.
