Investment Apartment Building in Okayama City
This property, named Residence Otami, is a multi-unit apartment building located in the Kamoshita area of Naka Ward, Okayama City, Okayama Prefecture. It is being sold as an owner-change (オーナーチェンジ) property, meaning the current owner is transferring the asset along with the existing rental agreements. The building is situated in a quasi-industrial area (準工業地域) within an urbanization promotion area. The property has a land area of 571.75 square meters and a total building area of 405.76 square meters, spread across two floors. The building was constructed in April 1990 and features a lightweight steel frame structure. It comprises a total of 10 residential units.
The property includes parking space for up to five cars, with three or more parking spaces available free of charge. The site is on a single road to the east, with a road width of 6 meters. The building coverage ratio is 60%, and the floor area ratio is 200%. Utilities connected to the property include a public water supply and a public sewer system. The property is currently tenanted and available for immediate occupancy by the new owner.
The location offers convenient access to transportation, being a 15-minute walk from Higashi-Okayama Station on the Sanyo Main Line. The nearest elementary school is Saita Elementary School, located 1,000 meters away, and the nearest junior high school is Ryuso Junior High School, 1,600 meters away.
