Meridian Kurashiki - Investment Apartment Building in Okayama Prefecture
This property is a multi-unit apartment building for sale, located in Kurashiki City, Okayama Prefecture. The building, named Meridian Kurashiki, presents an owner-change (オーナーチェンジ) investment opportunity with a reported yield of 10.5%. It is currently fully occupied and generating rental income.
The building is a two-storey wooden structure constructed by Misawa Homes China Co., Ltd. in July 1993. The total land area is 849.45 square meters (approx. 256.96 tsubo), and the total floor area is 483.6 square meters (approx. 146.29 tsubo). The layout of each unit is 3LDK. The property is a corner lot, facing a 4-meter wide public road to the north and a 6-meter wide public road to the east, both paved.
The property features a total of 16 parking spaces, with 2 spaces allocated per unit. Two of these parking spaces are offered free of charge. The exterior walls and roof were repainted in Reiwa 4 (2022). The site is located in a Category 1 Medium-to-High-Rise Residential Zone with a building coverage ratio of 60% and a floor area ratio of 200%. The land is flat and rectangular in shape.
