Yuzan-so: A Multi-Unit Apartment Building with Investment Potential in Okayama
This property, Yuzan-so, is a two-story wooden apartment building for sale in Okayama City, Okayama Prefecture. Built in January 1973, the building has a total floor area of 318.28 sqm (approximately 96.28 tsubo) and sits on a generous 366.94 sqm (approximately 111 tsubo) plot of land. The current layout consists of 2K units. A key feature is its strong rental income, with 6 out of 10 rooms currently tenanted, presenting an immediate yield opportunity for an investor. The property offers parking for three or more vehicles at no extra cost.
Critical agent notes provide essential details about the property's condition and legal status. The building is unregistered, and a neighborhood garbage station is located within the property grounds. There is also a possibility that the structure is an existing non-conforming building that does not comply with the regulations of the quasi-fire prevention zone. A setback requirement of 13.4 sqm applies. The road access situation is detailed: it fronts three roads. To the east is a 3.2m wide public road with a frontage of 20.5m, paved. To the west is a 7.2m wide public road with a frontage of 20.5m, paved. To the north is a 1.2m wide public road with a frontage of 18.5m.
The property is located in the Asahigashimachi district of Okayama City's Naka Ward. The area is well-connected, with Seikibashi Station on the Okayama Electric Tramway's Seikibashi Line just an 850-meter walk (approximately 11 minutes) away. Okayama is famously known as the "Land of Sunshine" due to its abundant sunny days. A major landmark nearby is the stunning Korakuen Garden, one of Japan's three great gardens, located just a few kilometers away and offering a classic example of Japanese landscape design.