Chateau Lyon Tokugyo: A Six-Unit Apartment Building in Kofu, Yamanashi
This listing presents Chateau Lyon Tokugyo, a six-unit apartment building located in the Tokugyo 4-chome area of Kofu City, Yamanashi Prefecture. Constructed in March 1993, this wooden structure offers a compelling investment opportunity with a high assumed yield. The property spans a land area of approximately 250.69 square meters (about 75.83 tsubo) with a total building floor area of 186.32 square meters (about 56.36 tsubo).
Critical agent notes provide essential financial and operational details. The property is equipped with propane gas and CATV. The access road situation is detailed as two-sided road frontage (excluding corner lots) with public roads to the north and southeast. Important remarks include: an assessed value of 8,570,080 yen for the land and 3,329,230 yen for the building; fixed asset tax and city planning tax totaling 85,100 yen per year; annual miscellaneous expenses of approximately 220,000 yen. The current occupancy status is 5 out of 6 rooms rented, contributing to an assumed yield of 12.12%. The layout consists of six rooms, each approximately 31.05 square meters, accompanied by parking for six vehicles. The final handover of the property will occur after official and private assessments.
Additional monthly costs for the building include a cable TV usage fee of 58,080 yen, a management fee of 33,000 yen, building insurance of 111,480 yen, and shared area electricity costs of 19,000 yen. The property is situated within an urbanization promotion area zoned as Category I Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%.
The area of Kofu City is the capital of Yamanashi Prefecture, nestled in a basin surrounded by mountains. It is famously known as the gateway to the iconic Mount Fuji, Japan's highest and most revered peak, which is visible from many parts of the city on clear days and is a major tourist draw for the entire region.
