Spacious Lightweight Steel Apartment Building with Owner Change Opportunity in Kurashiki
This is an owner change opportunity for an eight-unit apartment building constructed in June 2019, located in the Hiyoshi-cho district of Kurashiki City, Okayama Prefecture. The property offers a substantial land area of 610.07 sqm (approximately 184.55 tsubo) with a total building floor area of 431.23 sqm spread over two stories. The layout is versatile, featuring service rooms. The building is currently tenanted, providing immediate rental income.
Critical agent notes have been translated for full disclosure. The property's equipment and facilities include city gas, tap water supply, and sewerage. Special notes regarding road access detail that it fronts a public road to the west, which is 4 meters wide and is a one-sided road. A significant feature is the parking situation: there is parking available for three or more vehicles, and parking for three or more cars is free of charge.
The property is situated in a First Category Low-Rise Exclusive Residential Zone within a urbanization promotion area, with a building-to-land ratio of 50% and a floor area ratio of 100%. The land is registered as residential land and is level. The transaction is handled as a general intermediary.
The area of Kurashiki is rich in history and culture. An interesting fact is that the city's well-preserved Kurashiki Bikan Historical Quarter features white-walled storehouses and willow-lined canals from the Edo period, once used to transport rice. The closest major landmark is the iconic Kurashiki Ivy Square, a picturesque complex of red-brick buildings covered in ivy, originally a cotton mill and now housing museums, shops, and hotels.