Investment Apartment Building in Akita City
This property is a two-story wooden apartment building located in the Hiroon-aza Itajizoe area of Akita City, Akita Prefecture. The building was constructed in May 1985 and offers a total floor area of 598.76 square meters on a land plot of 837.72 square meters. The land is zoned for Category 1 exclusively low-rise residential use and is situated on a corner lot with road frontage on two sides: a 5.9-meter-wide public road to the north with 50 meters of frontage, and a 6-meter-wide public road to the east with 12 meters of frontage. The property is currently tenanted as an owner-change (owner-occupied) investment.
The building comprises 16 units in total: 14 units of 2DK layout and 2 units of 1K layout. Currently, 11 units are occupied, 1 unit is vacant, and 4 units are being used as storage. The property includes parking for 18 cars. The quoted yield is based on a full occupancy assumption, including units not currently rented. The property is equipped with city gas, air conditioning, hot water supply, dedicated toilets, separate bath and toilet, and storage space. The land shape is a corner lot (excluding corner angle land). The title is freehold. Delivery is immediate.
