Apartment Building Investment Opportunity in Sapporo
This property is a multi-unit apartment building located in the Higashi Sapporo area of Sapporo's Shiroishi Ward, Hokkaido. The building was constructed in January 1987 and features a reinforced concrete (RC) structure. It is a four-story building containing a total of 26 units. The total building area is 794.47 square meters (approximately 240.32 tsubo), situated on a land plot of 421.68 square meters (approximately 127.55 tsubo). The property is currently tenanted, presenting an investment opportunity with existing rental income.
The property's facilities include propane gas for utilities and heating. The bathroom and toilet are separate in the units. The road access situation is detailed: it fronts two roads (excluding corner lots). To the northwest, there is an 8-meter wide public road with a frontage of 22.4 meters (no designated location). To the southwest, there is an 11-meter wide public road with a frontage of 15.1 meters (no designated location). The land is within a city planning area, zoned as Quasi-Industrial, with a building coverage ratio of 60% and a floor area ratio of 200%. The terrain is sloped.
The location offers excellent transportation access, being just a 5-minute walk from the Tozai Line's Higashi Sapporo Station. The property is being sold through an exclusive dedicated agency. The seller is the construction company Maruhiko Watanabe Construction Co., Ltd.