Modern Investment Apartment Building in Central Sapporo

This is a modern, five-story reinforced concrete apartment building constructed in June 2019, located in the central Chuo Ward of Sapporo, Hokkaido. The property comprises 25 residential units, each with a private area ranging from 51.64㎡ to 58.03㎡. The total building area is 1,481.69㎡ (approximately 448.21 tsubo) situated on a generous land plot of 839.64㎡ (approximately 253.99 tsubo). The building is currently fully tenanted, presenting a turnkey investment opportunity with an immediate owner change.

Critical agent notes provide essential details. The road access situation is detailed as follows: one-sided road frontage to the south, with a public road width of 7.2 meters and a frontage of 25 meters. Further remarks specify that the annual rental income includes parking fees (tax included). The current parking revenue is 214,500 yen per month, with a projected full-occupancy revenue of 247,500 yen per month. The property is located within several designated zones: a Building Standards Act Article 22 area, an automobile congestion district, a land readjustment project regulation area, and a collective residential inducement area. The land is zoned as Category 1 Residential with a building-to-land ratio of 60% and a floor area ratio of 200%.

The area, Sapporo's Chuo Ward, is a vibrant hub known for its blend of urban convenience and green spaces. An interesting local fact is that the nearby Nakajima Park is home to the Hokkaido Shrine branch shrine, a serene spot amidst the city bustle. The property is within a short walking distance of several tram stations, including "Higashitondori" and "Kōnan Shōgakkō-mae," both just a 3-minute walk away, providing excellent access to the rest of the city. The closest major landmark is the historic and picturesque Hokkaido Shrine, a short drive away, which is one of Sapporo's most important cultural sites.