Apartment Building Investment Opportunity in Kitami, Hokkaido

This property is a four-unit apartment building named House K, located in Kitami City, Hokkaido. Constructed in November 2002, it is a two-story wooden structure with a total floor area of approximately 127.58 square meters (about 38.59 tsubo) situated on a generous land plot of 236.12 square meters (about 71.42 tsubo). The building is currently fully tenanted, presenting an immediate income stream for a prospective investor.

The property comes equipped with essential facilities including propane gas, air conditioning, heating, hot water supply, private toilets, separate bath and toilet, shower, indoor laundry machine space, and storage areas. Special notes regarding road access detail that the property fronts a one-way, south-facing public road that is 18 meters wide, with a frontage of 8.6 meters. A critical remark states that in August 2025, units 101 and 201 underwent renovations including floor replacement and kitchen sink exchanges. It is also noted that a slight incline is observable on the western-style room side of the property.

Kitami City is a key urban center in the eastern part of Hokkaido, historically known as a major producer of peppermint and now famous for its delicious melons and onions. The area offers a blend of urban convenience and access to Hokkaido's renowned natural landscapes. The property is within a 17-minute walk from Kitami Station on the Sekihoku Main Line, providing regional connectivity. For those interested in local culture and history, a notable nearby landmark is the Kitami Mint Memorial Museum, which delves into the area's significant peppermint industry past.