Spacious Lightweight Steel Apartment Building in Hokuto City, Yamanashi

This property is a four-unit apartment building constructed in October 1989, located in Hokuto City, Yamanashi Prefecture. The building features a lightweight steel structure and stands on a generous plot of land measuring 179.69 square meters (approximately 54.35 tsubo), with a total building area of 167.58 square meters (about 50.69 tsubo). The property is currently tenanted, offering immediate rental income, and is available for an owner change.

Critical agent notes provide essential details. The property uses propane gas, and the bathroom and toilet are separate. The road access situation is detailed: it fronts a one-way private road to the south with a width of 4 meters and a frontage of 16.9 meters. An important remark notes that regarding the adjacent road (designated 2575-74), it is a shared public roadway, with a fractional ownership of 6/20ths. Furthermore, as the property is located outside of an urban planning area, there is no legal obligation for road frontage, a significant point for potential redevelopment.

The land is designated as residential, with a building-to-land ratio of 60% and a floor area ratio of 200%. The terrain is sloped. The property includes parking facilities. The transaction is handled as a general intermediary.

The area of Hokuto City is renowned for its stunning natural scenery within the Yamanashi Prefecture, offering clear views of the Southern Japan Alps. An interesting local fact is that the city is home to some of the clearest night skies in the Kanto region, making it a popular spot for stargazing. The closest major tourist attraction is the majestic Mount Yatsugatake, a volcanic mountain range celebrated for its hiking trails and panoramic vistas, located just a short drive from the property.