Investment Apartment Building in Tsuruoka, Yamagata
This property is a two-storey wooden apartment building located in the Dōgata area of Tsuruoka City, Yamagata Prefecture. Constructed in September 2000, the building comprises a total of eight residential units. The total floor area is 323.78 square meters, situated on a substantial land plot of 942.90 square meters. The land is zoned as a Category 1 Medium-to-High-Rise Residential District with a building coverage ratio of 60% and a floor area ratio of 200%. The property sits on sloping ground and has a north-facing frontage of 32.3 meters along a 5.4-meter-wide public road.
Each unit is equipped with an air conditioner, a private toilet, and an indoor washing machine storage space. The property is currently under a master lease agreement (sublease) which runs until September 30, 2027. The current monthly rent received by the owner is 232,000 yen. The sale is conducted under the current condition (genkyō yūsō). Please note that the water supply pipe currently runs through a neighboring property. Before the handover, the seller will bear the cost to resolve this situation. The transfer date is negotiable.