Apartment Building Investment Opportunity in Kofu, Yamanashi
This property is a 20-unit apartment building located in Kofu City, Yamanashi Prefecture, presenting a significant investment opportunity. The building was constructed in October 1991 and features a reinforced concrete (RC) structure over three stories. The total land area is a substantial 1,001.47 sqm (approximately 302.94 tsubo), with a total building floor area of 1,137.60 sqm (approximately 344.12 tsubo). The property is situated within a City Planning Area designated as an urbanization zone, with the land use district classified as Category I Residential.
Critical agent notes provide essential details. The equipment and facilities include city gas, separate bath and toilet rooms, an indoor space for a washing machine, and a bicycle parking area. Special notes on road access detail that the land fronts two public roads: one to the southwest with a width of 10.5 meters and a frontage of 20.9 meters, and another to the northeast with a width of 3.5 meters and a frontage of 15.3 meters. Important remarks include the availability of an off-site parking lot contract at a monthly rate of 73,500 yen. It is also noted that the entire building, comprising all 20 units, is registered under a condominium (区分) registration system.
The property is currently tenanted, offering immediate rental income. The land is flat and rectangular in shape, with a building-to-land ratio of 60% and a floor area ratio of 200%. The transaction is handled under an exclusive intermediary agreement.
The area of Kofu is the capital of Yamanashi Prefecture, nestled in a basin surrounded by mountains, offering beautiful seasonal scenery. An interesting fact is that Kofu is historically famous for its role as the castle town of the Takeda clan, led by the legendary warlord Takeda Shingen in the 16th century. The closest major landmark is the iconic Mount Fuji, Japan's highest peak and a UNESCO World Heritage Site, which is visible from many parts of the prefecture and offers a stunning backdrop to the region.
