Income-Generating Apartment Building in Kurashiki, Okayama
This property is a fully occupied apartment building located in the Miyamae area of Kurashiki City, Okayama Prefecture. The building is a two-story lightweight steel frame structure constructed in March 1989, comprising a total of six residential units. Each unit features a 2K layout, and the total floor area is 215.5 square meters, with 107.75 square meters per floor. The land area is 322.61 square meters. The property is currently generating rental income, with an estimated annual yield of 8.78% based on the asking price.
The building is equipped with propane gas, a sewer system, air conditioning, separate bath and toilet, a shower, and an indoor washing machine space. The property faces a 6-meter-wide public road to the north and is situated on flat land. It is located in a Category 2 medium-to-high-rise residential zone with a building coverage ratio of 60% and a floor area ratio of 200%. Parking is available for a monthly fee of 3,000 yen per space.
The property is within walking distance of Kurashiki Station on the JR Sanyo Line, approximately 2,000 meters or a 25-minute walk. The surrounding area is a well-established residential neighborhood with convenient access to local amenities.
