Espoir Apartment Building in Tsuyama, Okayama
This listing presents Espoir, a 10-unit apartment building constructed in April 2002, located in the Hirayoshi area of Tsuyama City, Okayama Prefecture. The property is a steel-framed structure with a total floor area of 537.19 square meters, distributed across two floors. The building features a 2LDK layout on both the first and second floors, with each unit comprising a living-dining-kitchen area, a Western-style room, and a Japanese-style room.
Critical agent notes provide essential details. The property's equipment and facilities include air conditioning, separate bath and toilet, an indoor space for a washing machine, an auto-lock security system, an auto-lock with monitor, and a bicycle parking area. Special notes confirm the availability of parking for two vehicles, with both spaces provided free of charge. An important remark states that this property comes with management conditions attached.
The property sits on a generous land plot of 738.66 square meters and is currently fully tenanted, offering an estimated gross yield of 10.41%. Recent exterior wall painting and waterproofing renovations have been completed. The location offers convenient access to daily amenities, with several supermarkets and convenience stores within a short walking distance.
The area of Tsuyama is rich in history, once serving as the castle town of the powerful Mizuno clan during the Edo period. The closest major landmark is the impressive Tsuyama Castle, also known as Kakuzan Park, a historic site famous for its beautiful cherry blossoms in spring and its reconstructed keep offering panoramic views of the city.
