Modern Investment Apartment Building in Tokushima City
This is a well-maintained, relatively new apartment building constructed in February 2016, located in Tokushima City, Tokushima Prefecture. The property is a multi-unit apartment building for sale, offering a significant investment opportunity with a projected annual income of ¥23,678,400 at full occupancy and a surface yield of 6.76%.
The building is a robust six-story steel structure with a total of 30 units. The total land area is 518.49 sqm (approximately 156.84 tsubo), with a building area of 945.36 sqm (approximately 285.97 tsubo). The property includes free parking for three or more vehicles. The location is highly convenient, within an 8-minute walk from Zaimoto Station on the Tokushima Line, and close to a university and hospital.
Key equipment and facilities have been translated from the agent's notes and include: Propane gas, Air conditioning, Elevator, Separate bath and toilet, Indoor washing machine space, CATV, Internet ready, Auto-lock system, and Intercom with TV monitor.
The area of Tokushima City is the vibrant capital of Tokushima Prefecture on Shikoku Island, famous for its energetic Awa Odori dance festival held every August. A major nearby landmark is the scenic Mount Bizan, which offers panoramic views of the city and is accessible by a ropeway, providing a beautiful natural escape.
