Investment Apartment Building in Kanazawa, Ishikawa
This is a two-story wooden apartment building located in Kanazawa City, Ishikawa Prefecture. The property is situated within a 3-minute walk from the Ohi-cho bus stop, providing convenient local transport access. The building was constructed in April 1998 and comprises a total of 8 units. It is currently fully tenanted, presenting an immediate income stream for an investor.
The property sits on a corner lot with road frontage on two sides. To the east, a 5.2-meter wide public road provides 10.3 meters of frontage. To the south, a 4.6-meter wide private road provides 17.5 meters of frontage. The total land area is 205.81 sqm (approximately 62.25 tsubo), with a building area of 236.65 sqm (approximately 71.58 tsubo). The land is zoned as Category 1 Residential District within an urbanization promotion area, with a building-to-land ratio of 80% and a floor area ratio of 200%.
Facilities and equipment for the building include propane gas, municipal water supply, sewer system, and electricity. The property includes parking for 3 vehicles. A key financial note provided by the agent states that the gross yield at full occupancy is approximately 9.7%, with an estimated annual income at full occupancy of 3,670,000 yen.