Investment Property: A 2DK Apartment Building in Okayama City
This property is a two-story, light-gauge steel apartment building located in Nishiokawara, Naka Ward, Okayama City, Okayama Prefecture. The building comprises six units, each with a 2DK layout, and is currently fully occupied as of May 2026. The total land area is 327.83 square meters, with a total building area of 223.18 square meters. The building was constructed in January 1990.
The property features a corner lot with road access to the east (public road, 4 meters wide, paved) and south (public road, 4 meters wide, paved). The building's exterior walls were repainted in April 2026. The property is equipped with water supply and sewage systems, air conditioning, electricity, separate bath and toilet, an indoor washing machine space, and a TV monitor intercom system. Parking is available for seven cars.
The property offers a gross yield of 8.28%, with an annual rent of 3,550,000 yen. It is situated within a 10-minute walk from JR Sanyo Line's Nishiokawara Station. The area is well-served by amenities, including a supermarket (Co-op Higashikawara Store) 250 meters away, an electronics store (Edion Higashikawara Store) 360 meters away, and various restaurants. Pets are allowed.
