Ant Hill II Residence: An Investment Apartment Building in Matsumoto, Nagano
This property is a 16-unit wooden apartment building named Ant Hill II Residence, located in the Arigasakidai 4-chome area of Matsumoto City, Nagano Prefecture. Constructed in June 2002, the building stands two stories tall and sits on a land area of 317.20 square meters (approximately 95.95 tsubo), with a total building floor area of 324.60 square meters (approximately 98.19 tsubo). The property is situated within an urbanization promotion area and is zoned as a Category I Medium-to-High-Rise Exclusive Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%.
Critical agent notes provide essential details. The property access details specify a single-sided road approach from the southwest with a width of 4 meters. Furthermore, the remarks note that the exclusive (unit) area ranges from 20.28㎡ to 20.28㎡. Importantly, this is an owner-change property, and the condition of the sale is the assumption of the existing lease agreements. The property is currently tenanted.
The area offers a blend of urban convenience and natural beauty. Matsumoto is famous for its historic castle, Matsumoto-jo, one of Japan's premier historic castles and a designated National Treasure. The city serves as a gateway to the scenic Japanese Alps, providing easy access to hiking and hot springs. The property is approximately a 19-minute walk from Kita-Matsumoto Station on the Oito Line, offering regional rail connectivity.