Investment Opportunity: Apartment Building in Okayama City
This property is an owner-change apartment building located at 1-chome, Nakasendo, Kita-ku, Okayama City, Okayama Prefecture. The building is a seven-story reinforced concrete structure with a total of 23 units. It was constructed in March 1994.
The land area is 1,213 square meters (approximately 366.93 tsubo), and the total floor area is 1,551.77 square meters (approximately 469.41 tsubo). The property is situated on a public road with a width of 19 meters to the south. The site falls within a commercial zone and a first-class residential zone, with a building coverage ratio of 80% and a floor area ratio of 400%.
Parking is available, with space for three or more cars, and the use of the parking is free of charge. The property is currently being rented out. The nearest station is Kitagase Station on the Sanyo Main Line, which is a 14-minute walk away. The local elementary school, Nishi Elementary School, is a 3-minute walk (200 meters) from the property, and Minami Junior High School is 1,400 meters away.
The property includes an owner-change condition, and the transfer date is negotiable. The land ownership is freehold. The total number of units is 23.
