Investment Apartment Building in Okayama City
This property is a multi-unit apartment building named "La Porte 90," located in the Kita-ku area of Okayama City, Okayama Prefecture. The building is a two-story lightweight steel structure constructed in August 1990. It sits on a land area of 329.97 square meters and offers a total floor area of 251.7 square meters. The layout consists of four 3LDK units, providing a solid investment opportunity.
The property is currently tenanted and is being offered as an owner-change (オーナーチェンジ) investment, meaning the new owner will take over the existing lease agreements. The current yield is estimated at 7.53%, with an annual rent of 3.61 million yen. This estimated rent includes income from solar power generation (太陽光売電収入). The property is connected to the public sewage system (公共下水). Parking is available for a monthly fee of 3,000 yen.
The property is located in a designated Category 2 Medium-to-High Rise Residential Zone (第二種中高層住居専用地域) within the Urbanization Promotion Area (市街化区域). The building coverage ratio is 60%, and the floor area ratio is 200%. The land is registered as a residential site (宅地). The nearest bus stop is "Hirata Chuo" on the Okaden Bus line, approximately a 5-minute walk away.
