Income-Generating RC Building in Okayama City's Kita Ward
This property is a three-story reinforced concrete (RC) building located in the Yokoiue area of Kita Ward, Okayama City, Okayama Prefecture. The building is situated on a corner lot along a national route, offering excellent convenience with easy access to the Okayama Interchange. The surrounding area is well-stocked with supermarkets and other shopping facilities, making it a convenient location for daily life.
The building has a total floor area of 386.31 square meters on a land area of 422 square meters. Constructed in May 1990, the property is currently tenanted, presenting an owner-change investment opportunity with a current yield of 9.02% and annual rent of 6,040,000 yen. Parking is available for three or more cars free of charge.
Regarding equipment, the property is equipped with propane gas, a public water supply, a septic tank, a water heater, and electricity. The road frontage details are as follows: the property faces an 8.4-meter-wide public paved road to the east and a 2.1-meter-wide public paved road to the north.