Apartment Building Investment Opportunity in Kokubunji, Tokyo
This apartment building presents a compelling investment opportunity in the established residential area of Kokubunji City, Tokyo. Constructed in March 1986, the three-story steel-framed building offers a total floor area of 258.90㎡ (approximately 78.31 tsubo) on a land plot of 195.66㎡ (approximately 59.18 tsubo). The property comprises 11 units in total, with a mix of residential and commercial spaces: eight 1K units, one 1DK unit, one office unit, and one unit that can be used as either a warehouse or an office. This results in nine residential dwellings and two non-residential units.
Critical agent notes have been translated and provide essential details. The road access situation is detailed as follows: the property fronts a single public road to the northeast, which is 5.4 meters wide, with a frontage of 12.6 meters. Further remarks specify that the exclusive (unit) areas range from 10.23㎡ to 27.20㎡, a definitive land survey has been completed, and there is a management condition attached (a 3% management commission). It is noted that unit 301 does not have kitchen or bathroom facilities, as it was previously used as a management office. The property is subject to a change in ownership and falls under the Second Category Height District, Quasi-Fire Prevention Zone, Landscape Act, and Aviation Law regulations. A bus travel time note is provided for reference, dependent on commuting hours.
The location offers convenient access via the Chuo Main Line, with Kokubunji Station approximately a 19-minute walk away, or a 9-minute bus ride followed by a 1-minute walk from the "Kokubunji Daisan Chugakko Iriguchi" bus stop. The area is part of Tokyo's vibrant suburban landscape, known for its blend of urban convenience and quieter residential streets. An interesting local fact is that Kokubunji is named after the ancient provincial temples (kokubun-ji) established nationwide in the Nara period, reflecting its deep historical roots. The closest major landmark is the historic Kokubunji Temple ruins, a designated national historic site, which is a short distance from the bustling station area.