Property Overview: Apartment Building in Kushiro City, Hokkaido
This property is a two-story wooden apartment building located in the Chitose-cho area of Kushiro City, Hokkaido. The building comprises a total of 18 residential units and sits on a land area of 314.67 square meters. The total floor area of the building is 349.08 square meters. The property was constructed in September 1984.
The building is equipped with propane gas, a municipal water supply, a sewage system, and electricity. A notable feature is that the property faces two roads, though it is not a corner lot. The western side fronts a 10.9-meter-wide public road with a 12.6-meter frontage, while the southern side fronts a 2.7-meter-wide public road with a 12.7-meter frontage. The property enjoys good sunlight exposure. Parking is available for three cars at no additional cost.
The property is located in a designated urbanization promotion area, zoned as a Category 2 Medium-to-High-Rise Residential Zone. The building coverage ratio is 60%, and the floor area ratio is 200%. The land is categorized as residential land with a sloping topography. The property is currently tenanted and is being offered as an owner-change transaction, meaning the new owner will take over the existing rental agreements. The timing for property handover is negotiable.
