Spacious Investment Apartment Building in Joetsu, Niigata

This property is a four-unit apartment building located in the Kamojima 3-chome area of Joetsu City, Niigata Prefecture. Constructed in January 1990, the wooden structure offers a total building area of approximately 215.81 square meters (about 65.28 tsubo) spread over two stories. The land parcel is a generous 365.13 square meters (about 110.45 tsubo), providing ample space. The property is currently tenanted, presenting an immediate income opportunity for a new owner seeking an investment with existing cash flow.

Key facilities and equipment for the units include city gas, air conditioning, hot water supply, private toilets, separate bath and toilet rooms, showers, and an indoor space for a washing machine. A significant feature of the land is its access from three sides (north, east, and west), as noted in the special remarks, with no positional designation restrictions on those frontages. The property includes free parking for tenants. It is situated within the City Planning Area's urbanization zone, designated as a Category I Medium-to-High-Rise Exclusive Residential District, with a building-to-land ratio of 60% and a floor area ratio of 160%.

The property is located in Joetsu City, a vibrant area formed from the merger of the historic castle town of Takada and the port city of Naoetsu. The region is renowned for its heavy snowfall, which fuels a popular winter tourism industry centered around skiing and snowboarding at nearby resorts like Gala Yuzawa. A major local landmark is Takada Castle, famous for its stunning springtime display of over 4,000 cherry trees illuminated at night, creating a magical scene against the backdrop of the castle's reconstructed keep.