Apartment Building Investment in Toyama City
This listing presents an apartment building investment opportunity in Toyama City, Toyama Prefecture. The property, named Iwata Dai-2 Cope, is a reinforced concrete (RC) structure built in August 1982. It is a four-story building with a total of 12 units. The total building area is 561.56 square meters (approximately 169.87 tsubo), situated on a land area of 296.58 square meters (approximately 89.71 tsubo). The land is flat and located within a City Planning Area zoned as Category 1 Medium-to-High-Rise Exclusive Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%.
The property's equipment and facilities include propane gas, air conditioning with individual climate control, hot water supply, private toilets, separate bath and toilet rooms, showers, indoor laundry machine space, and fiber-optic internet connectivity. Special notes on road access detail that the property fronts a 5-meter wide public road to the west, with a frontage of 11 meters, and is accessed from one side only.
The location offers convenient access to public transport, being within an 8-minute walk from both the Toyama Chitetsu Toyamakosen Line's "Awashima (Osakayamae)" and "Shimo-Okui" stations, and a 13-minute walk from the "Etchu-Nakajima" station. The area is served by Toyama City Okudakita Elementary School (949m away) and Toyama City Okuda Junior High School (2149m away). The property is currently tenanted. The transaction is handled as an exclusive dedicated intermediary, and the price is listed at 42,000,000 yen.
