Compact Investment Apartment in Central Okayama
This studio apartment, located on the 1st floor of the Alpha Seishincho II building, presents a straightforward investment opportunity in the heart of Okayama City. The property is currently tenanted, offering immediate rental income with an estimated annual yield of 13.33%. The unit features a compact, efficient layout with a total floor area of 22.85 sqm (approximately 6.91 tsubo) and includes a 1.8 sqm balcony.
Key equipment and features of the property include a three-point unit bath and a single induction cooktop. The building itself is a 10-story reinforced concrete structure built in August 1988. Management is fully entrusted to a company that conducts regular patrols. Important notes from the agent specify that this listing is for an owner change transaction. The floor plan provided prioritizes the current condition of the property.
The apartment is situated in the Seishincho district of Kita Ward, Okayama City. The area is zoned for commercial use, adding to its convenience. A major advantage is its proximity to Okayama Station on the Sanyo Main Line, just an 8-minute walk away. This provides excellent access to regional and national rail networks. The area is rich in culture, being just a short distance from the iconic Okayama Castle, famous for its striking black exterior and beautiful Korakuen Garden, one of Japan's Three Great Gardens.
