Apartment Building Investment Opportunity in Fujisawa, Kanagawa
This apartment building, located in the Kana 2-chome district of Fujisawa City, Kanagawa Prefecture, presents a turnkey investment property currently fully tenanted. The six-unit wooden structure was built in August 1995 and sits on a land area of 131.41 sqm (approximately 39.75 tsubo), with a total building area of 119.24 sqm (approximately 36.07 tsubo). The property is offered for sale at 45,000,000 yen.
Critical agent notes provide essential details for prospective investors. The property's road access situation is detailed as follows: it fronts two roads (excluding corner lots). To the east, a 4-meter wide public road fronts the property for 29.9 meters, and a location designation is not required. Additional remarks specify the property number B21954-004490, with individual unit exclusive areas ranging from 19.87 sqm to 19.87 sqm. Importantly, the building is currently tenanted, and the lease agreements are required to be taken over by the new owner. The property is located within a quasi-fire prevention zone and is also within areas designated by the Land Readjustment and Specific Embankment Regulation Act as both a special warning zone and a warning zone for sediment-related disasters. A second road fronts the property: a public road to the west, with a width of 3.7 meters and a frontage of 20.1 meters.
The building is conveniently located within a 12-13 minute walk from multiple major train stations, including JR Tokaido Line "Fujisawa" Station, Odakyu Enoshima Line "Fujisawa" Station, and the Enoshima Electric Railway "Fujisawa" Station, providing excellent access to central Tokyo, Yokohama, and the popular Enoshima and Kamakura areas. The property is situated in an Urbanization Area with a First Category Residential land use zone. The floor area ratio is 200% with a building coverage ratio of 60%. The land is classified as residential and the terrain has a slope.
Fujisawa is a vibrant coastal city known for its beautiful beaches and rich history. An interesting local fact is that the city is home to the historic Enoshima Island, connected to the mainland by a bridge, which has been a site of worship and a popular tourist destination for centuries. The closest major landmark is the iconic Enoshima Sea Candle observation tower and the surrounding Enoshima Island botanical gardens, offering stunning panoramic views of Sagami Bay and, on clear days, Mount Fuji.