Fortis Kurashiki A, B, C: A Modern Apartment Investment Opportunity in Okayama
This listing presents Fortis Kurashiki A, B, and C, three buildings offering a total of 27 units for sale as a single investment property in Kurashiki City, Okayama Prefecture. The property is a lightweight steel-framed structure, completed in June 2022, making all three buildings less than four years old. Each of the 27 units is a 1LDK layout with a spacious floor area of approximately 40 square meters.
The property is equipped with propane gas, a public water supply, a public sewer system, and side ditches. Each unit features an air conditioner, a boiler-type hot water supply system, electricity, a dedicated toilet, a separate bath and toilet, a warm-water bidet toilet seat, a shower, an indoor washing machine space, and wireless LAN. Building amenities include an auto-lock entrance system, a TV monitor intercom, security cameras, a delivery box in the common area, and bicycle parking.
The land is a corner plot with two road frontages: a 4-meter-wide public road to the north with a 47-meter frontage, and an 8-meter-wide public road to the west with a 42.9-meter frontage, both paved. The property is located an 18-minute walk from Kurashiki Station on the Sanyo Main Line. The owner is currently renting out the units, and the projected annual rental income when fully occupied is 23,652,000 yen, yielding a 4.82% return.