Property Overview
This studio apartment is located in Seishin-cho, Kita-ku, Okayama City, Okayama Prefecture. It is a corner unit on the third floor of a four-story reinforced concrete building built in March 1987. The property offers a floor area of 13.88 square meters and includes a balcony of 1.3 square meters. The layout is a single room (one-room). The property is currently vacant and the transfer date is negotiable.
The unit features a bathroom and toilet in the same room, a washing machine space, flooring, and uses propane gas. Water supply and sewage are connected. The property has good sunlight exposure. Renovations completed in March 2021 included replacing all wall cloth, changing the floor to slow-atiles, and replacing the bathroom thermostatic water faucet. The annual fixed asset tax for fiscal year 2025 is 20,861 yen. This is an owner-change property with an estimated annual rental income of 390,000 yen and an estimated annual yield of 13%.
Located about a 13-minute walk from Okayama Station on the Sanyo Main Line, the property is in a residential area designated as a Category 2 residential zone. There is no parking available. The building has a total of 323.27 square meters of land area and is managed by a partly outsourced, patrol system.
