Terrace Takashimadai: A Prime Investment Apartment Building in Yokohama

This well-established apartment building, Terrace Takashimadai, presents a compelling investment opportunity in the vibrant city of Yokohama. Constructed in March 1984, this reinforced concrete (RC) structure comprises four total units across five stories, offering a mix of unit sizes. According to the agent's special notes, the exclusive (private) area of the units ranges from 13.32㎡ to 82.68㎡, with specific floor areas noted as 86.46㎡ on the 4th floor and 27.49㎡ on the 5th floor. A critical condition for this purchase is that it is an owner-change property, requiring the new owner to take over the existing lease agreements.

The property sits on a generous land plot of 120.42㎡ (approximately 36.42 tsubo) with a total building area of 376.73㎡. The land is designated for residential and commercial use within an urbanization promotion area. The access road situation is detailed as facing two roads (excluding a corner lot), with a wide 27-meter road to the north and a 4-meter road to the south. The land is on a slope and is currently tenanted, providing immediate rental income. The building is compliant with an 80% building coverage ratio and a 400% floor area ratio, and no notification under the National Land Use Planning Act is required.