Kutchan Triple Apartment Buildings Kutchan


Kutchan Triple Apartment Buildings

Price: ¥55,000,000

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.


Location

Details

Floor Area504 m²
Land Size740 m² / 224 tsubo
Bedrooms6

Features

  • Town Sewage
  • Town Water
  • Housing Development Site


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