Apartment Building Investment in Saitama's Urawa Ward
This listing presents an apartment building for sale in Saitama City's Urawa Ward, specifically in the Hondai 5-chome area. The property is a ten-unit apartment building constructed in September 1987. The total land area is 554.43 square meters (approximately 167.71 tsubo), with a total building floor area of 405.18 square meters (approximately 122.56 tsubo). The building is a two-story structure.
Key agent notes provide critical details about the property's condition and legal status. The property is currently tenanted, and the sale requires the assumption of the existing lease agreements. The building is located within a quasi-fire prevention zone and a height control district (20-meter zone). The unit sizes range from 38.72 to 42.37 square meters of exclusive area.
Detailed road access information is provided: to the north, a 38.2-meter wide public road fronts the property for 22.7 meters, and no specific location designation is required. A second road access point is to the southeast, a 15.9-meter wide public road with a frontage of 9.2 meters. The land is designated as residential land within an urbanization area and a neighborhood commercial zone. The building-to-land ratio is 80% with a floor area ratio of 200%. The terrain is sloped. No notification under the National Land Use Planning Act is required.
For transportation, the building is within walking distance of two major stations on the Keihin-Tohoku and Negishi Lines. Urawa Station is approximately a 16-minute walk, while Kita-Urawa Station is about a 25-minute walk away.
