Investment Opportunity: Newly Built Apartment Building in Okayama City
This is a newly constructed wooden two-story apartment building, scheduled for completion in July 2025 (Reiwa 7). The building comprises six units, each with a 1K layout, making it an excellent investment property. The property is located in Seki, Naka-ku, Okayama City, Okayama Prefecture, and is a corner lot facing two public paved roads: a 6.5m wide road to the south and a 5.3m wide road to the west.
The total land area is 210.35 square meters (approximately 63.63 tsubo), and the total building area is 183.44 square meters (approximately 55.49 tsubo). Each unit features a spacious 9-tatami mat Western-style room and a kitchen equipped with a 2-burner IH cooking heater. The property is equipped with propane gas, public water supply, public sewer, electricity, a separate bathroom and toilet, an indoor washing machine space, and storage space.
The building is situated in a Category 1 Low-Rise Residential Zone within an urbanization promotion area, with a building coverage ratio of 50% and a floor area ratio of 100%. It is approximately a 20-minute walk from Takashima Station on the JR Sanyo Main Line.