Investment Apartment Building in Okayama City
This property is a wooden apartment building for sale, located in Kita-ku, Okayama City, Okayama Prefecture. The building was constructed in August 2017 and offers a total floor area of 502.44 square meters across two buildings. The land area is 357.88 square meters. The property is situated in a Category 1 residential zone within an urbanization area.
The building comprises 24 units, each with a 1K layout. The property is currently tenanted, making it an owner-change investment opportunity with a projected yield of 7.98% and an annual income of 14,370,000 yen. The listed price includes income from solar power generation. It is important to note that the building area and total floor area figures are the combined totals for both structures. The property will be delivered in its current condition.
The property is located approximately a 10-minute walk from Kitanagase Station on the Sanyo Main Line, providing convenient access to public transport. The building coverage ratio is 60%, and the floor area ratio is 200%. The property has a valid building confirmation number. No parking spaces are provided.
