Modern Apartment Building Investment Opportunity in Inagi City
This is a modern apartment building located in Inagi City, Tokyo, offering a significant investment opportunity. The property is a 4-story reinforced concrete (RC) structure built in February 2010, containing a total of 14 residential units. The building sits on a generous land area of 377.00 square meters (approximately 114.04 tsubo), with a total floor area of 589.75 square meters (approximately 178.39 tsubo). The property is currently tenanted, providing immediate rental income.
Critical details from the agent notes include the following translations. The '接道状況詳細' (Special Notes/Remarks) states: 'Corner lot, Southwest side: width 6m public road, Northwest side: width 6m public road.' The '備考1' (Special Notes/Remarks) provides extensive information: 'Exclusive (unit) area ranges from 33.79㎡ to 97.04㎡. Land Readjustment Act: Inagi Inaginaganuma Station Surrounding Land Readjustment Project, Block 21, with settlement money (delivered). Dwellings (for residential use): 14 units. Owner change. Land Readjustment Act, Agricultural Land Act, Inagi Naganuma Station Surrounding Area District Plan.'
The building is situated in a prime location just a 2-minute walk from the Nambu Line's 'Inagi-Naganuma' Station, offering excellent connectivity. The land is zoned as Quasi-Commercial within the Urbanization Promotion Area, with a building-to-land ratio of 80% and a floor area ratio of 300%. The site is a corner lot with favorable road frontage. The property is listed for sale at a price of 300 million yen.
The area of Inagi City is known for its balance of residential comfort and natural greenery, being part of the Tama region of Tokyo. An interesting local fact is that Inagi is famous for its pear orchards, with the city holding an annual 'Inagi Pear Festival' to celebrate this agricultural heritage. The closest major tourist attraction is the iconic Mount Takao, a popular hiking destination and natural park located a short train ride away, renowned for its scenic trails and historic Yakuo-in Temple.
