Investment Opportunity: West Nishioka 2-4 AP Apartment Building in Sapporo
This listing presents a four-unit apartment building located in the West Nishioka 2-chome 4-chome area of Sapporo's Toyohira Ward, Hokkaido. Constructed in March 1991, the wooden structure stands on a plot of 201.79 square meters (approximately 61.04 tsubo) with a total building floor area of 196.88 square meters (approx. 59.55 tsubo). The property is situated within a City Planning Area designated as a Category I Medium-to-High-Rise Residential Exclusive District, with a building-to-land ratio of 60% and a floor area ratio of 200%.
Critical agent notes provide essential details for potential investors. The 'Special Notes/Remarks' regarding road access state: 'One-sided road, southwest, width 8m, public road, frontage 13.9m, no designated position.' Furthermore, 'Remarks 1' clarify: 'B22065-001010, exclusive area 45.36㎡ to 47.85㎡, currently leased (lease contract takeover required).' This confirms the property is fully tenanted, offering immediate rental income, but the new owner must assume the existing lease agreements.
The property's current status is tenanted, and it is noted that reconstruction on the land is permissible. The land is classified as residential and is gently sloped. The building is a two-story structure. The transaction is handled as a general intermediary listing.
The surrounding Toyohira Ward is a residential area of Sapporo known for its balance of urban convenience and quieter living. An interesting local fact is that the nearby Moerenuma Park was designed by world-renowned artist and architect Isamu Noguchi, transforming a former waste treatment site into a massive art piece and public park. For outdoor enthusiasts and tourists, the area provides relatively easy access to the popular day-trip destination of Jozankei Onsen, a famous hot spring resort area located in the valley of the Toyohira River, known for its beautiful autumn foliage and relaxing baths.