Located in Uchima 4-chome, Urasoe City, this investment property presents an excellent opportunity in the real estate market. The apartment building, constructed in 1973, sits on a generous 270.68 square meters of land, offering approximately 81.8 tsubo of space. The reinforced concrete block structure stands three stories tall and comprises five units.
With an attractive 7% yield rate, this property represents a solid investment choice in a well-established residential area. The building's location provides convenient access to local amenities, with the Miyagi bus stop just a one-minute walk away. The property falls within an urbanization promotion area and is zoned for medium-to-high-rise buildings.
The building features a building coverage ratio of 60% and a floor area ratio of 150%, with road access from the southwest via a 4-meter wide road. At ¥49.5 million, this property offers investors a chance to acquire a stable income-generating asset in a growing market.
