Property Overview: Apartment Building in Niigata City

This offering comprises two apartment buildings, known as Haitsu Tokiwa and Haitsu Sakae, located in the Tenmei-cho area of Chuo-ku, Niigata City, Niigata Prefecture. The property is a two-story wooden structure with two basement levels, built in December 1981. The total land area is 354.97 square meters, with an additional private road area of 47.74 square meters. The total floor area of the buildings is 437.84 square meters. The property features a total of 16 residential units.

Regarding utilities and facilities, the buildings are connected to city gas and are equipped with air conditioning, hot water supply, dedicated toilets, separate bath and toilet areas, showers, an indoor washing machine placement area, and storage spaces. The road access details indicate the property fronts two roads, though it is not a corner lot. To the north, it faces a 3.5-meter-wide private road with a frontage of 23.9 meters. To the south, it faces a 17.5-meter-wide public road with a frontage of 1.3 meters.

The property is currently under lease and is being sold as an owner-change (owner-occupied) investment. The land is zoned for neighborhood commercial use within an urbanization promotion area. The building coverage ratio is 80%, and the floor area ratio is 160%. The land has a sloping topography. The property is located within walking distance to Niigata Station on the Hakushin Line, approximately a 14-minute walk, and to Kamikuroiwa Station on the Echigo Line, approximately a 30-minute walk. The nearest elementary school is Niigata City Bandai Nagamine Elementary School, and the nearest junior high school is Niigata City Miyaura Junior High School. The property is available for immediate transfer.