Property Overview: Sunlife III Apartment Building in Chiba City
This property, named Sunlife III, is a two-story steel-frame apartment building located in Hoshikuki-cho, Chuo-ku, Chiba City, Chiba Prefecture. The building, completed in December 1988, comprises a total of 8 units and sits on a land area of 730.00 square meters. The total floor area of the building is 328.88 square meters. The property is currently tenanted and being sold as an owner-change (オーナーチェンジ) investment opportunity.
The building's equipment includes propane gas, air conditioning, a water heater, dedicated toilets, separate bath and toilet, a shower, CATV, and storage space. The property faces a single road on the northwest side, which is a 7-meter-wide public road. The land is designated as a Category 2 residential zone within an urbanization promotion area, with a building coverage ratio of 60% and a floor area ratio of 200%. The land is flat and was previously used as a rice field (田). Parking is available for a monthly fee of 6,000 yen.
Important notes from the listing state that the property is sold in its current condition (現況有姿売買) and is exempt from liability for contractual non-conformity (契約不適合責任免責). An interior renovation was completed in February 2023, but this was only for 3 of the vacant units. The property is accessed by a 13-minute bus ride from Chiba Station on the JR Sobu Line, followed by a 1-minute walk from the Yahazudai bus stop.
