Kutchan Triple Apartment Buildings

1-chōme-11-31 Minami 5 Jōhigashi, Kutchan, Abuta-gun, Hokkaido 044-0015, Japan
  • House
  • Property Type
  • 6
  • Bedrooms
  • 504

Kutchan Triple Apartment Buildings

1-chōme-11-31 Minami 5 Jōhigashi, Kutchan, Abuta-gun, Hokkaido 044-0015, Japan

Overview

Property ID: 2000271
  • House
  • Property Type
  • 6
  • Bedrooms
  • 504

Description

4 blocks of land currently hosting 3 apartment buildings and a garage in a convenient Kutchan location 1 block from the National Highway Route 5 and 400 meters from Lucky Supermarket.

The 3 apartment buildings combined has 6 apartments all currently occupied with long term tenants to give the owner a net rental yield of 5% at the asking price.

This is the perfect investment for land holding while enjoying the rental yields with future potential for a larger development in all 4 plots or smaller redevelopments in each plot over the years.

The plots allow higher density range for residential and also selected commercial use like restaurants.

Details

Updated on June 16, 2020 at 10:06 pm
  • Property ID: 2000271
  • Property Size: 504 m²
  • Land Area: 740 m²
  • Bedrooms: 6
  • Property Type: House
  • Property Status: HTRE
  • Area Kutchan

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