Apartment Building in Oyama, Tochigi – A 2020 Construction Investment Opportunity

This property is a two-story wooden apartment building located in Oyama City, Tochigi Prefecture. Completed in October 2020, the building offers a total floor area of 142.84 square meters on a land area of 225.64 square meters. The property is situated in a designated urbanization promotion area, zoned as a Category 1 residential district, with a building coverage ratio of 60% and a floor area ratio of 200%. The land is on a sloping site and faces a public road to the northeast with a width of 5 meters.

The building contains two residential units, each with dedicated toilets, a separate bath and toilet, a warm water bidet seat, a shower, a reheating function for the bath, and a balcony. The property is equipped with both municipal water supply and sewerage systems. A notable feature is the availability of parking for three cars at no additional cost. The property is currently tenanted and is being sold as an owner-change investment.

The land consists of two parcels: Lot 1089-3 (212.83 square meters) and Lot 1089-12 (12.81 square meters). A deposit of 30,000 yen is required when applying, which will be refunded at the time of contract or cancellation. The brokerage fee is payable in two installments: half at the time of contract and half at the time of settlement. For inquiries, contact the agent, Ms. Hirayama (4813). The property is located approximately a 9-minute walk from Oyama Station on the Tohoku Main Line and Mito Line, and a 13-minute walk from the Ryomo Line. The nearest elementary school is Oyama City Asahi Elementary School (845 meters away), and the nearest junior high school is Oyama City Oyama Jonan Junior High School (1604 meters away).