Foresta Takano: A Well-Established Investment Apartment Building in Tsuyama, Okayama
This property, Foresta Takano, is a four-unit apartment building constructed by Sekisui House in January 1998. Located at 596 Takano Hongo, Tsuyama City, Okayama Prefecture, it presents a solid investment opportunity with detailed financial projections provided. The building sits on a generous 547.07 sqm plot (approximately 165.49 tsubo) with a total floor area of 181.76 sqm (approximately 54.98 tsubo). Each of the four units features a 2DK layout.
Critical agent notes have been translated for full transparency. The property's equipment and facilities include centralized propane gas, public water supply, two or more air conditioning units, hot water supply, separate bath and toilet, shower, and an indoor space for a washing machine. Special notes on road access detail that the property fronts on two paved public roads: one to the east and one to the southeast. Important remarks outline the investment potential: 1. The projected annual yield at full occupancy is 13.2%. 2. The projected annual gross income at full occupancy is 1,848,000 yen, with annual fixed asset taxes for the land and building totaling approximately 67,400 yen. 3. There is a monthly septic tank maintenance fee of 3,070 yen and an annual septic tank pumping cost of approximately 52,170 yen.
The property is currently tenanted, facilitating an owner change with immediate income. It includes one free parking space. The land is designated as residential within an unzoned urban planning area, with a building-to-land ratio of 60% and a floor area ratio of 200%.
