Yokoyama Kyodo Jutaku 2-D Building: A Solid Investment Apartment Building in Tsuyama
This property is a two-unit apartment building located at 384-5 Yokoyama, Tsuyama City, Okayama Prefecture. Constructed in January 1967, this wooden structure offers a total building area of 338.36 square meters (approximately 102.35 tsubo) situated on a land plot of 271.4 square meters (approximately 82.10 tsubo). The property is presented for sale as-is, with a current rental income stream.
Critical agent notes have been provided. The special notes (特記事項) state: "Parking for 2 cars. Parking for 2 cars is free." Further remarks (備考1) clarify: "Priority is given to the current condition. Currently, 3 rooms are occupied (monthly rental income of approximately 90,000 yen)." This indicates the property is partially tenanted, generating income, and includes the valuable amenity of two complimentary parking spaces.
The location offers excellent convenience, being just 650 meters or a 9-minute walk from Tsuyama Station on the Tsuyama Line. This provides easy access to regional rail services. Tsuyama City is known for its rich history as a castle town. A major local landmark is the impressive Tsuyama Castle (津山城), also known as Kakuzan Park, famous for its stunning cherry blossom displays in spring. The area blends historical charm with modern living conveniences.
This apartment building represents a turnkey investment opportunity. With existing tenants providing rental income and its proximity to key transportation, it is a practical asset for an investor seeking a property with established cash flow in a stable regional city.
