City Heights Kōyama – A Multi-Unit Apartment Building in Okayama City
This property is a multi-unit apartment building known as City Heights Kōyama, located at 3-6-20-3, Ijima-cho, Kita-ku, Okayama City, Okayama Prefecture. The building is a two-story steel-frame structure constructed in August 1987, with a total floor area of 158.98 square meters (approx. 48.09 tsubo) on a land area of 199.16 square meters (approx. 60.25 tsubo). The property comprises four residential units, each with a 2DK layout, and is currently fully occupied (full occupancy).
The monthly income includes revenue from solar power generation (solar power sales). The property features a septic tank system. Parking is available for one car free of charge (self-propelled/parking lot style). The road frontage details indicate a single road to the west, 4 meters wide, a private road with a frontage of 10 meters, with a designated position specification and paved surface. The land rights are freehold ownership. The building coverage ratio and floor area ratio are as per the designated urban planning area (the specific ratios are not listed).
The property is located in the Kita-ku area of Okayama City. It is approximately a 29-minute walk from Okayama Station on the JR Sanyo Main Line. Nearby schools include Ijima Elementary School (500m) and Kōyama Junior High School (800m). This property is offered as an owner-change (tenant-occupied) investment opportunity.