Green Heights: A Well-Maintained Investment Apartment Building in Kurashiki

This listing presents Green Heights, a four-unit apartment building located in Kurashiki City, Okayama Prefecture. Constructed in August 1987, the property features a light-gauge steel structure and stands on a generous plot of land measuring 518.28 square meters (approximately 156.78 tsubo). The building itself offers a total floor area of 180.02 square meters, evenly distributed across two floors, with two 3DK units on each level. The property is currently fully tenanted, presenting a turnkey investment opportunity.

The property is equipped with essential utilities and amenities. Facilities include propane gas, city water supply, sewer system, air conditioning, hot water supply, and electricity. Each unit features a dedicated toilet, a separate bath and toilet, a shower, an indoor washing machine space, storage space, and a TV monitor-equipped intercom system.

Critical agent notes provide further detail. Regarding parking, there is space for three or more vehicles, and parking for three or more cars is free. However, parking fees may vary depending on the contract for each residential unit. The road access situation is detailed as a one-sided road to the west, with a width of 4.2 meters, a public road, and paved surface. Special remarks indicate a gross yield of 9.59% when fully occupied. The transaction will be conducted based on the public registry sale and in its current condition 'as-is'.

The area of Kurashiki is rich in history and culture. An interesting fact is that the city's famous Bikan Historical Quarter preserves beautiful white-walled storehouses and canals from the Edo period, offering a picturesque glimpse into Japan's past. The closest major landmark is the iconic Kurashiki Ivy Square, a charming complex of red-brick buildings covered in ivy, originally a cotton mill and now housing museums, shops, and hotels.