Modern Investment Apartment Building in Akaiwa, Okayama
This is a recently constructed, currently fully occupied apartment building for sale in Akaiwa City, Okayama Prefecture. Built in November 2020, this wooden structure offers a solid investment opportunity with a total floor area of approximately 217.41 square meters (about 65.77 tsubo) situated on a land plot of 229.39 square meters (about 69.39 tsubo). The property is a multi-unit apartment building, not a single-family home.
According to the agent's notes, the property is equipped with essential amenities for each unit, including air conditioning, hot water supply, a private toilet, a separate bath and toilet, a shower, and storage space. The listing confirms the building is in a fully tenanted state, providing immediate rental income. One free parking space is available on-site for tenant use.
The property is located in the Sakuragaoka Higashi 2-chome area of Akaiwa City. This region offers a blend of suburban comfort and accessibility. An interesting local fact is that Akaiwa City is part of the ancient Kibi Province, an area rich in history and archaeological sites, including the famous Kibi Plain Ancient Tombs. The closest major tourist attraction is the iconic Okayama Korakuen Garden, one of Japan's Three Great Gardens, located approximately a 30-minute drive away in Okayama City.
