Investment Apartment Building in Ichinoseki, Iwate
This property is a reinforced concrete apartment building located in the Minamimachi area of Ichinoseki City, Iwate Prefecture. The building, constructed in November 1976, offers a total floor area of 329.94 square meters on a land plot of 280.27 square meters. The property is currently tenanted and is being sold as an owner-change (オーナーチェンジ) investment opportunity.
The building is a 4-story RC structure comprising 7 units. The property is situated on a corner lot with good road frontage: to the north, it faces a 7.6-meter-wide public road with 19.4 meters of frontage, and to the east, a 4.8-meter-wide public road with 19 meters of frontage. The land is zoned as a Category 1 Medium-to-High-Rise Residential Zone, with a building coverage ratio of 60% and a floor area ratio of 200%. The site is flat.
Please note that the recorded floor area and construction year apply to the main apartment building (Copo Biggin). The property also includes an RC 4-story building and a rental house on the same site, sold together as a package. The property is located approximately 19 minutes on foot from Ichinoseki Station on the Tohoku Main Line, and 2 minutes on foot from the Minamishogakko-mae bus stop. The local elementary school is 509 meters away, and the junior high school is 1033 meters away.
