Investment Opportunity: Duplex Apartment Building in Tsuyama, Okayama
This property, named "Sophia Shitobe" (ソフィア志戸部), is a two-storey wooden apartment building located at 105-7 Shitobe, Tsuyama City, Okayama Prefecture. It is currently tenanted, offering a gross annual income of 1,200,000 yen when fully occupied, representing a 12% gross yield. The price is 8,000,000 yen.
The building has a total of two units. Unit A is a maisonette style with a 1LDK layout, and Unit B is a maisonette style with a 2K layout. The total floor area is 136.61 square meters, spread across the first floor (71.2 sqm) and second floor (65.41 sqm). The land area is 201.57 square meters. The building was constructed in March 1990.
Equipment and facilities include propane gas, public water supply, a septic tank, air conditioning, electricity, a dedicated toilet, and a combined bath and toilet. The property has parking for two cars, which is included free of charge. The road frontage details indicate a single road to the west, a public road with a width of 6.5 meters, and a frontage of 8 meters with pavement. The property is located in a Category 2 Medium-to-High-Rise Residential Zone.
Nearby amenities include Marui Shitobe supermarket (950m), Zag Zag Shitobe drugstore (1100m), Tsuruyama Elementary School (140m), and Nakamichi Junior High School (1200m). The nearest bus stop is Chutetsu Kita Bus Tsuruyama Elementary School-mae, a 2-minute walk (130m) away. Tsuyama Station on the Tsuyama Line is a 15-minute bus ride.