Investment Opportunity: Apartment Building in Kurashiki, Okayama
This property is a wooden apartment building for sale located in Kurashiki City, Okayama Prefecture. Built in March 2021, the building offers a gross yield of 6.03% and is currently tenanted. The land area is 156.27 sqm, with a total floor area of 117.32 sqm (58.66 sqm per floor). The layout is 2LDK. The building is a two-story wooden structure with 4 units (total number of households not specified but inferred from parking capacity). The property features a propane gas supply, public water and sewer systems, and a separate bath and toilet. It has parking for 4 or more cars, with 3 or more spaces available for free. The road frontage is on a single public road, 4 meters wide, facing east. The property is located in a Category 1 residential zone with a building coverage ratio of 60% and a floor area ratio of 200%. The nearest station is Mizushima Rinkai Railway's Yayoi Station, a 20-minute walk (1800m) away. The area offers excellent access to major roads and is convenient, with nearby amenities including Co-op Kitaune (336m, 4 min walk), Seven-Eleven Kurashiki Fukuda Kannondo (74m, 1 min walk), Mizushima Kyodo Hospital (1535m, 19 min walk), and Kurashiki Higashizuka Post Office (994m, 12 min walk). The property is managed by Four Seasons Co., Ltd. and is listed as a general brokerage.