Appreciate Okadamachi: A Modern Investment Apartment Building in Nagano City

This property is a recently constructed apartment building named "Appreciate Okadamachi," located in Nagano City, Nagano Prefecture. Completed in March 2023, this wooden-structure building comprises 12 units and stands as a modern residential investment opportunity. The total land area is a substantial 551.75 sqm (approximately 166.90 tsubo), with a building area of 468.38 sqm (approximately 141.68 tsubo). The property is situated in a Second Class Residential Zone within an Urbanization Area, featuring a flat terrain and a building-to-land ratio of 60% with a floor area ratio of 200%.

According to the agent's notes, the property is equipped with propane gas, air conditioning, hot water supply, private toilets, separate bath and toilet rooms, an indoor washing machine space, storage space, and fire alarms. The building is currently tenanted, and the sale represents an owner change scenario. The transaction is handled under an exclusive intermediary agreement. The property includes a parking lot with a fee of 20,000 yen and is conveniently located just a 9-minute walk from Nagano Station on the Shinetsu Main Line, offering excellent access to regional transport.

The area surrounding Nagano Station is a vibrant hub, known for its blend of modern convenience and historical significance. An interesting fact is that Nagano City was the host of the 1998 Winter Olympics, which spurred significant infrastructure development and international recognition. The closest major landmark is the iconic Zenko-ji Temple, one of Japan's most important and visited Buddhist temples, located just a short distance from the city center and drawing pilgrims and tourists year-round.