Apartment Building Investment Opportunity in Tochigi Prefecture
This listing presents a six-unit apartment building constructed in September 2009, located in Ashikaga City, Tochigi Prefecture. The property is a solid investment opportunity, currently fully tenanted and generating rental income. The building structure is lightweight steel, offering durability and low maintenance. It spans a total floor area of 405.21 sqm (approximately 122.57 tsubo) and sits on a generous land plot of 666.38 sqm (about 201.57 tsubo). The property is situated within an Urbanization Area zoned as Category 1 Medium-to-High-Rise Exclusive Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%.
According to the agent's notes, the property is equipped with propane gas, city water supply, sewerage system, and electricity. Special notes regarding road access indicate the property fronts a single public road to the north, with a width of 6 meters. The land is described as having a gentle slope.
Ashikaga City is a historic area known for its deep cultural roots, famously home to Ashikaga Gakko, considered Japan's oldest academic institution. The city offers a blend of historical charm and natural beauty. A major landmark in the vicinity is the Ashikaga Flower Park, renowned for its breathtaking wisteria displays that attract visitors from across the country, especially during the spring festival.
