Apartment Building Investment Opportunity in Asahikawa, Hokkaido

This apartment building, constructed in October 2003, presents a solid investment opportunity in the city of Asahikawa, Hokkaido. The property is a two-story, lightweight steel structure containing four units, with a total building area of 242.46 square meters (approximately 73.34 tsubo) situated on a generous land plot of 457.84 square meters (about 138.49 tsubo). The building is currently tenanted, offering immediate rental income.

Key facilities and equipment detailed in the agent notes include propane gas supply, FF (fan-forced) heating, kerosene stoves, hot water supply, separate bath and toilet, shower, indoor washing machine space, double-glazed windows, and ample storage space. A significant feature is the provision of two free parking spaces for tenants, a valuable amenity in a residential area.

The property's access and road frontage are clearly specified. It fronts a public road to the east with a width of 10.9 meters and a frontage of 10.9 meters, and also has another eastern frontage on a 10.9-meter wide public road with a 9.9-meter contact length. The land is designated as Category I Low-Rise Exclusive Residential Zone within the urbanization promotion area, with a building-to-land ratio of 50% and a floor area ratio of 80%.

Asahikawa is Hokkaido's second-largest city, renowned for its vibrant winter festival featuring spectacular ice sculptures. The property is conveniently located, with the Kamui 5-jo 8-chome bus stop just a one-minute walk away, and within a 37-minute walk from the major JR Asahikawa Station, a central transportation hub. The area provides a peaceful residential setting while maintaining good access to the city's amenities.