Investment Opportunity: Mixed-Use Building on Numayanagi Street in Tsuyama
This is a four-story steel-frame building located in Tsuyama City, Okayama Prefecture, along Numayanagi Street. The property, named "Karumu Tsuyama Building," is a multi-unit investment property currently generating rental income. The total land area is 295.29 square meters (approximately 89.33 tsubo), and the total building area is 493.9 square meters (approximately 149.40 tsubo). The building was constructed in September 1988 and consists of 9 units.
The property features city gas, a public water supply, and a public sewer system. It is equipped with air conditioning, a water heater, dedicated toilets, and showers. The site fronts a public road to the east, which is 16.2 meters wide, with a road frontage of 19.9 meters. The road is paved. There is parking available for three or more cars, with one parking space provided free of charge. The property is an income-generating asset. The first floor is a rented shop. The residential units consist of four 1K units and four 2LDK units. The deposit is handled separately. The property is located along Numayanagi Street. Please note that there are disclosure items.
The building is situated in Tsuyama City, which is in the northern part of Okayama Prefecture. The property is located approximately 2,980 meters from Tsuyama Station on the Tsuyama Line, about a 38-minute walk. The building is in a designated Category 2 residential zone within a non-line-drawn urban planning area. The building coverage ratio is 60%, and the floor area ratio is 200%. The land is flat. This is an excellent opportunity for an investor looking for a turnkey rental property in a regional city.