Investment Apartment Building in Akita City
This is a two-story wooden apartment building located in the Kawashiri Wakaba-cho area of Akita City, Akita Prefecture. The property sits on a land area of 581.23 square meters and has a total floor area of 581.23 square meters. Built in March 1985, the building contains 13 residential units across two structures.
The property is currently tenanted, with 2 apartment units and 1 shop unit vacant out of the total 13 units. The current yield is 15.94%, with a projected full occupancy yield of 21.38%. The sale is on an owner-change basis with immediate handover possible. The contract does not include liability for non-conformity.
The building is equipped with city gas, air conditioning, separate bathroom and toilet, indoor washing machine space, storage space, bicycle parking, and outdoor motorcycle parking. The property faces three roads: to the east a 7.7-meter public road, to the south a 14.7-meter public road, and to the west a 4-meter public road. It is located in a Category 1 residential zone within an urbanization area, with a building coverage ratio of 60% and a floor-area ratio of 200%. The land is flat and registered as residential land.
The nearest station is Ugo-Ushijima Station on the Uetsu Main Line, a 31-minute walk away, and the Suidōkyoku-mae bus stop is a 3-minute walk from the property. The nearest elementary school is Akita City Kawashiri Elementary School, 469 meters away. Parking is available for a monthly fee of 3,000 yen.
