Apartment Building Investment Opportunity in Kokubunji, Tokyo

This apartment building, located in the quiet residential area of Nishi-Koigakubo 2-chome, Kokubunji City, Tokyo, presents a unique investment opportunity. Built in January 1992, the three-unit wooden structure sits on a land area of 187.76 square meters (approximately 56.79 tsubo). The total building area is 145.00 square meters (approximately 43.86 tsubo), with individual unit sizes ranging from 37.00 to 68.30 square meters. The property is currently tenanted, offering immediate rental income.

Critical agent notes provide essential details. The road access situation is detailed as follows: the property fronts a single road to the southeast, which is 4 meters wide and is a designated position road. A crucial special note states that the building exceeds the permitted floor area ratio (容積率). This means there is a possibility of receiving a correction order from the supervisory government authority. Furthermore, the stated land area includes approximately 21.2 square meters for the restoration area of the designated position road.

The property is situated in a designated Category I Low-Rise Exclusive Residential Zone within an urbanization promotion area, with a building-to-land ratio of 40% and a floor area ratio of 80%. The land is gently sloped. Parking is available on-site. The transaction is handled as an exclusive dedicated agency listing.

The area of Kokubunji is known for its academic atmosphere and green spaces, being home to Hitotsubashi University. A major nearby landmark is the historic Kokubunji Temple, from which the city derives its name. The property offers excellent access, being just a 7-minute walk from both the Chuo Main Line and Musashino Line's Nishi-Kokubunji Station, providing direct connections to central Tokyo and the greater Kanto region.