Investment Opportunity: Twin Palace 24B Apartment Building in Tsuchiura, Ibaraki
This property is a four-story, steel-framed apartment building located in Kamitsucho, Tsuchiura City, Ibaraki Prefecture. The building, known as Twin Palace 24B, was constructed in April 1990 and comprises a total of 12 residential units. The property is currently tenanted, offering an immediate income stream for an investor, with the lease terms continuing as an owner-change transaction.
The building sits on a land area of 762.45 square meters (approximately 230.64 tsubo), with a total floor area of 837.96 square meters (approximately 253.48 tsubo). The property features a north-facing frontage of 6 meters on a public road. The site is flat and located in a first-class medium-to-high-rise residential zone, with a building-to-land ratio of 60% and a floor-area ratio of 200%.
Key utilities and facilities include individual propane gas (LPG) supply, public water, public sewage, unit bathrooms, and flush toilets. The building is equipped with a delivery box and bicycle parking. A parking area for 10 cars is also available. The surrounding area is noted for its convenience, with numerous commercial facilities nearby.
Please note that the displayed yield is an estimate and does not guarantee income. A management consignment contract with Katsura Real Estate Co., Ltd. is required. The property will be delivered in its current condition.
