Investment Apartment Building in Maebashi, Gunma
This property is a three-story steel-framed apartment building located in Kamiokocho 1-chome, Maebashi City, Gunma Prefecture. Constructed in November 1982, the building sits on a land area of 1309.87 square meters (approximately 396.23 tsubo) and has a total floor area of 588.53 square meters (approximately 178.03 tsubo). The property is situated in a quasi-industrial zone within an urbanisation promotion area, with a building coverage ratio of 60% and a floor area ratio of 200%. The land is on a sloping site and has a corner lot shape.
The building comprises a total of 12 units and is currently fully occupied and generating rental income. The agent notes highlight a gross yield of 9.64% and describe the property as a single-building apartment complex operating at full occupancy, combining residential and commercial spaces. The property includes parking facilities. The road access details indicate a single road frontage to the north, measuring 8 meters in width, which is a public road with a frontage of 30 meters. The property is being sold as an owner-change (オーナーチェンジ) opportunity, meaning the current tenant leases will continue. The delivery date is negotiable.
The building is located approximately 54 minutes on foot from Gunma Soja Station on the Joetsu Line. Nearby schools include Iwagami Elementary School (966 meters away) and Nanryu Junior High School (1591 meters away).
