Sakazu Apartment: An Investment Apartment Building in Kurashiki, Okayama

This property is a two-story wooden apartment building located in the Sakazu area of Kurashiki City, Okayama Prefecture. The building, constructed in July 1988, offers a total floor area of 158.98 sqm (approximately 48.09 tsubo) on a generous land plot of 657.39 sqm (approximately 198.86 tsubo). The layout consists of eight 2DK units, each with a private area of 39.74 sqm.

Currently, the apartment is tenanted, and the sale includes the requirement to take over the existing lease agreements. The property is situated in a Category I Low-Rise Residential Exclusive Zone within an urbanization promotion area. Access is provided via a public road approximately 4 meters wide on the south side.

According to agent notes, the projected annual rental income at full occupancy is 4,457,304 yen, leading to an estimated yield of 10.3%. It is critical to note the following translated remarks: 'The yield is the ratio of annual rental income (including common area fees, etc.) to the sale price, before deducting public charges and other expenses necessary to maintain the property. Furthermore, the projected rent and projected yield are calculated based on market rent, adding rent for vacant units and assuming full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (Survey date: as of February 8, 2026).'

The neighborhood offers daily conveniences within walking distance, including Co-op Kurashiki Kita supermarket (approx. 15 min walk), a FamilyMart, drugstores, and Sakazu Park. It falls within the school districts for Kurashiki Municipal Nakasu Elementary School and Nishi Junior High School. The nearest major rail connection is the Sanyo Main Line's Kurashiki Station, approximately a 24-minute walk away.