Investment Opportunity in Kurashiki: The West Achi Apartment Building
This listing presents a three-unit apartment building located at 527-3 Nishi Achi-cho, Kurashiki City, Okayama Prefecture. Constructed in September 1970, this wooden structure offers a total floor area of 151.34 square meters (approximately 45.78 tsubo) on a land plot of 129 square meters (approximately 39.02 tsubo). The property is currently a mix of occupancy and vacancy, presenting a distinct investment profile.
Critical agent notes provide essential details. The road access situation is detailed as a single-sided road to the west with a width of 2.1 meters. A significant special note indicates that a setback of 18 square meters is required. Further remarks elaborate on the current status: two of the three units are currently tenanted, though one tenant is four months behind on rent. The remaining third unit has severe damage and is being left vacant due to a disclosed incident involving a solitary death where discovery was delayed, leading to decomposition. The notes reiterate that a setback is necessary for the property.
The area of Kurashiki is renowned for its beautifully preserved Bikan Historical Quarter, featuring traditional white-walled storehouses and a picturesque canal area, offering a stark contrast to this practical investment property. A major landmark nearby is the iconic Kurashiki Ivy Square, a charming complex of red-brick buildings covered in ivy, originally a cotton mill and now housing museums, shops, and hotels. The property is situated approximately 1,160 meters from the JR Sanyo Main Line's Nishi Achi Station, providing regional rail access.
