Apartment Building Investment Opportunity in Asahikawa, Hokkaido
This listing presents a substantial apartment building investment located in Asahikawa, Hokkaido. The property, named 'Asahikawa (6 minutes to Shin-Asahikawa Station) RC3F 30 Units', is a reinforced concrete (RC) structure built in October 1990. It comprises 30 units across three stories, with a total building area of approximately 1,685.62 square meters (about 509.90 tsubo) situated on a generous land plot of 963.69 square meters (about 291.51 tsubo). The building is equipped with an auto-lock security system for resident safety and features manager patrols as noted in the special remarks.
Critical agent notes have been translated for full disclosure. The Equipment/Facilities include an auto-lock system. Special Notes on road access detail that the property fronts two public roads: a 13-meter wide road to the northwest and an 8-meter wide road to the northeast, neither of which have designated position specifications. Importantly, Remarks 1 outline several key conditions: exemption from liability for contract non-conformity, the requirement for creditor consent for deletion due to a voluntary sale, sale in 'as-is' condition, no assumption of security deposits by the buyer, and the stipulation that the seller's designated judicial scrivener handles the transaction.
The property is currently tenanted, offering immediate rental income. It is situated in a Quasi-Residential zone within a city planning area, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is flat and rectangular in shape. Access is excellent, being just a 6-minute walk from Shin-Asahikawa Station on the Soya Main Line and a 36-minute walk from Asahikawa Station on the Hakodate Main Line.
The Asahikawa area is the commercial hub of central Hokkaido, known for its vibrant winter festivals and as a gateway to the stunning Daisetsuzan National Park, Japan's largest national park. The region offers a unique blend of urban convenience and access to vast natural landscapes, including mountains, hot springs, and ski resorts, making it an attractive location for residents and a compelling market for rental properties.
