Apartment Building Investment Opportunity in Yamanashi Prefecture

This commercial property listing presents a significant investment opportunity: an apartment building located in Tsuru City, Yamanashi Prefecture. The property, built in February 1988, is a two-story light-gauge steel structure with a total building area of approximately 542.86 square meters (164.21 tsubo) situated on a spacious land plot of 1,570.01 square meters (474.92 tsubo). The building layout features separate bath and toilet facilities and includes designated indoor spaces for washing machine placement. The property utilizes propane gas for its hot water supply.

Critical agent notes provide essential details for prospective buyers. The sale is for three buildings as a single, consolidated transaction. Important regulatory considerations apply: development permits are required for any development activity, and slope regulations may be applicable. The land is located within a sediment disaster warning area (Yellow Zone) and is also a known buried cultural property site. While within a sewer district, the installation of new septic tanks is prohibited.

The property offers practical advantages, including available parking at no additional cost. It is conveniently accessible, within a 14-minute walk from Fujikyu Railway's "Tsuru University of the Arts" Station and a 21-minute walk from "Tokaichiba" Station. The land is zoned for residential use with a building-to-land ratio of 70% and a floor area ratio of 200%.

Tsuru City is nestled in the scenic Fuji Five Lakes region of Yamanashi, an area renowned for its natural beauty and outdoor activities. A major landmark and popular tourist destination nearby is the iconic Mount Fuji, Japan's highest peak and a UNESCO World Heritage site, offering breathtaking views and numerous hiking trails. The region is also famous for its vineyards and fruit orchards, contributing to Yamanashi's reputation as the "Fruit Kingdom" of Japan.