Investment Opportunity: Multi-Unit Wooden Building in Kamifurano, Hokkaido

This listing presents a unique investment property in the scenic town of Kamifurano, Hokkaido. The offering consists of three separate wooden buildings, each containing two rental units, for a total of six occupiable dwellings. Currently, as of April 2025, two of the six units are occupied, with each unit generating a monthly rent of 20,000 yen. The property is being sold in its current tenanted state, offering an immediate income stream with an estimated annual rental revenue of 1.44 million yen and a projected gross yield of 19.20%.

Translated agent notes provide critical details: The buildings are unregistered (建物は未登記になります). This is a sale of the property in its current condition (現況販売です). The floor plan diagrams prioritize the actual current state of the property (間取り図は、現況を優先させていただきます). Key equipment includes a separate bath and toilet, a gas kitchen, storage space, lighting fixtures, electricity, and a water supply system. A special note mentions a cesspool system (汲取).

Constructed in January 1972, the two-story wooden structures have a total building area of 132.23㎡. The land is a sizable 666㎡ plot. The layout for each building is a 3LDK configuration. Parking is available. The property is located in Kamifurano's Nishi-machi 3-chome, approximately a 17-minute walk from Kami-Furano Station on the Furano Line.

Kamifurano is part of the famous Furano region, renowned for its vast lavender fields and stunning rural landscapes that attract tourists from across Japan and the world. The area is a hub for outdoor activities year-round, from summer hiking and cycling to winter skiing. A major landmark nearby is the iconic Farm Tomita, a world-famous flower farm and tourist attraction celebrated for its breathtaking, colorful flower fields and lavender products.