Investment Opportunity: Three-Unit Apartment Building in Okayama City
This property is a three-story wooden apartment building located in the Nishifurumatsu area of Kita Ward, Okayama City, Okayama Prefecture. Constructed in May 2020, the building is in excellent condition and is currently fully occupied, presenting an immediate income-generating investment opportunity. The total floor area is 115.71 sqm (approximately 35.00 tsubo), distributed across three separate 1LDK units. The land area is 73.21 sqm (approximately 22.15 tsubo).
The property is situated on a corner lot with road frontage on two sides. To the south is a 4.1-meter wide public road, and to the east is a 4-meter wide public road, both of which are paved. This corner location provides excellent access and light. The building is conveniently located just an 8-minute walk from Uno Line's Omoto Station, offering easy access to central Okayama and beyond.
Key equipment and facilities for the building include propane gas, city water supply, sewer system, hot water supply, a delivery box, electricity, private toilets, separate bath and toilet rooms, bidet toilet seats, showers, a shower room, storage space, a video intercom system, and a bicycle parking area. Please note there is no dedicated car parking.
The area of Kita Ward is a vibrant mix of residential and commercial zones. An interesting local fact is that Okayama is famously known as the "Land of Sunshine" due to its low annual rainfall and abundant sunny days, making it a pleasant place to live. The closest major landmark is the iconic Okayama Castle, a historic black castle known as "Crow Castle" (U-jo), located a short train or bus ride away, surrounded by the beautiful Korakuen Garden, one of Japan's three great gardens.