Investment Opportunity: 4-Unit Apartment Building in Tsuyama, Okayama
This property is a four-unit apartment building for sale, presenting a solid investment opportunity in a quiet residential area of Tsuyama City. The building, constructed in August 1985, is a two-story wooden structure with a cement tile roof, encompassing a total floor area of approximately 244.51 square meters (about 73.96 tsubo). The land area is a generous 332.16 square meters (about 100.48 tsubo), offering ample space.
Critical agent notes have been translated. The equipment and facilities include: Propane gas, city water supply, hot water supply, private toilet, separate bath and toilet, indoor washing machine space, and storage space. Special notes on road access detail: One-sided road access on the northwest side, a 6-meter wide public road, with a paved frontage of 27 meters.
The property is currently tenanted, providing immediate rental income. It includes one free parking space, with the potential for up to eight vehicles. The land is designated as residential, with a building-to-land ratio of 60% and a floor area ratio of 200%, situated on flat land in an area without specific urban planning restrictions. The transaction is handled as an exclusive intermediary.
Tsuyama is a historic castle town in northern Okayama Prefecture, known for its beautiful spring cherry blossoms at Tsuyama Castle Park (Kakuzan Park), the site of the original castle. The area offers a blend of traditional charm and modern convenience. The property is approximately 2.4km from the Kōya Station on the Inbi Line, providing regional rail access.
