Apartment Building for Sale in Okayama City
This property is a three-story apartment building located in Tsuchida, Naka-ku, Okayama City, Okayama Prefecture. The building, named "Twins Tsuchida," was constructed in February 1998 and is made of steel frame construction. It contains a total of 20 units, each with a 1K layout. The total floor area is 228 square meters, with 76 square meters per floor. The land area is 632.84 square meters.
The property is currently occupied by tenants, offering an immediate return for a new owner. The current yield is 10.59%, with an annual rent of 10.05 million yen. The property is sold as an owner-change (オーナーチェンジ) opportunity.
Regarding the road frontage, the property faces a single road to the south. This road is a public road with a width of 6 meters, and the property has a frontage of 19.2 meters. Parking is available for one car per unit free of charge.
The property is located in a Category 1 Low-Rise Exclusive Residential Zone. The building coverage ratio is 50%, and the floor area ratio is 100%. The land is classified as residential land. The property is within walking distance of Higashi Okayama Station on the Sanyo Main Line, which is a 13-minute walk away.
