Investment Opportunity in Kutchan: An Owner-Change Apartment Building

This property presents a unique investment opportunity in the heart of Kutchan, Hokkaido. It is an owner-change property, meaning it is being sold by the current owner, offering a chance for a new investor to acquire a well-established rental building. The building is a two-story wooden structure with a zinc-galvanized steel plate roof, built in September 2017. It comprises 18 separate 1R (one-room) units, making it an ideal income-generating asset.

According to the agent's notes, the property's equipment includes electricity supplied by Hokkaido Electric Power Co. The special remark confirms this is an owner-change property. The building is currently occupied, and possession is available upon consultation. Additional facilities include LP gas supplied via a centralized system, public water supply, an electric water heater for hot water, and connection to the public sewer system. The property also boasts parking space for 18 vehicles.

Located approximately 1km (a 13-minute walk) from JR Kutchan Station, the property offers excellent access. It is situated in a desirable environment, with the lush, publicly managed Kutchan Town Park (Donguri Park), complete with fountains, playground equipment, and restrooms, located just about 32 meters to the north of the building. The total land size is 650.28 sqm, with a total floor area of 407.60 sqm evenly split across two floors.

The surrounding Niseko area is world-renowned for its exceptional powder snow, attracting skiers and snowboarders from across the globe every winter. Beyond winter sports, the region offers stunning natural beauty year-round, with opportunities for hiking, golf, and enjoying the local hot springs. A major landmark near Kutchan is the iconic Mount Yotei, often referred to as "Ezo Fuji" for its striking resemblance to Mount Fuji, which dominates the skyline and provides a breathtaking backdrop to the area.