Investment Opportunity: Kinmichi Apartment in Tsuyama, Okayama
This listing presents the Kinmichi Apartment, a multi-unit residential building for sale in Tsuyama City, Okayama Prefecture. Constructed in March 1976, this two-story, lightweight steel-framed structure with cement tile roofing offers a solid investment opportunity. The property sits on a land area of 183.09 square meters (approximately 55.38 tsubo) and features a total building area of 171.03 square meters, distributed across two floors. The apartment building contains four units, each configured with a 2DK layout, providing functional living spaces for tenants.
Critical agent notes have been provided, which include essential information for prospective buyers. The special notes explicitly state: 'Parking for 3 or more vehicles. Free parking for 3 or more vehicles.' This indicates the property includes ample, complimentary parking—a significant advantage for attracting and retaining tenants. The property is currently tenanted, offering immediate rental income. It is located in a Category II Medium-to-High-Rise Exclusive Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is freehold ownership, and the property is situated in a non-lineated urban planning area.