Investment Apartment Building in Chiba's Chiharadai Area
This property is a three-story steel-framed apartment building located in a quiet residential neighborhood of Ichihara City, Chiba Prefecture. The building, constructed in January 1974, has a total floor area of 359.88 sqm (approximately 108.86 tsubo) and sits on a land plot of 165.46 sqm (approximately 50.05 tsubo). It is currently fully occupied with tenants, generating a rental yield of 12.02%.
The property's equipment includes propane gas and a public sewer system. Special notes confirm the building is a three-story steel structure, fully tenanted. The water supply is from the public water system, and the sewerage is connected to the public sewer. The land is within an urbanization area zoned as Category 1 Medium-to-High-Rise Exclusive Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%. The plot has road frontage on two sides.
The nearest station is the Keisei Chihara Line's "Chiharadai" Station, approximately a 43-minute walk away. The property is offered for sale at a price of 37,500,000 yen.
