Exclusive Listing · Japan
Apartment Building in Fusemachi-minami, Toyama Commercial Property in Fusemachi-minami 2-chome, Japan
A recently built, steel-frame apartment block in Toyama, offered with tenants in place
- Price
- JPY 130.00M
- Completion
- Completed
Introduction
Toyama is a prefectural capital on Japan's western coast, and this residential investment sits in one of its quieter neighbourhoods, some distance from the nearest rail stations. The building is a two-storey steel-frame apartment block completed in 2018, with a mix of one- and two-bedroom apartments, and it is sold freehold with tenants already in place. Residents have on-site parking, supported by additional leased spaces nearby, and bicycle parking. It suits an investor who wants an owner-change purchase of a modern, fully equipped rental building in a regional Japanese city.
Why This Opportunity
Freehold ownership of land and building
The whole property is held freehold, so the buyer owns the building and the site outright. The plot is zoned for medium-to-high-rise residential use.
Sold with tenants in place
The apartments are let, so the purchase is an owner change rather than a lease-up from empty. The timing of handover is open to negotiation.
Built in 2018 to a modern specification
Completed in 2018, the building is young by Japanese residential standards. Apartments include digital entrance locks, monitor intercoms, a bathroom dryer, internet and cable television.
Parking for most of the apartments
On-site parking is supported by further leased spaces on a nearby corner lot, plus bicycle parking. That matters in a city where many residents travel by car or bicycle.
The Area
Where it is
Getting around
Horikawa-Koizumi Tram Stop (堀川小泉停留場)
Train station · Toyama Chiho Railway city tram line · 1.8 km · 22 min walk · 24 min to Toyama Station
Minami-Toyama Station (南富山駅)
Train station · Toyama Chiho Railway Fujikoshi Line; Kamidaki Line · 1.9 km · 24 min walk · 30 min to Toyama Station
Toyama Airport (富山空港)
Airport · 6.7 km · 18 min drive
Nearby
Albis Fuse store (アルビス布瀬店)
Supermarket · 930 m · 12 min walk
Toyama Prefectural Central Hospital (富山県立中央病院)
Hospital with ER (emergency and critical care centre) · 4.5 km · 9 min drive
Toyama Prefectural Sports Park (富山県総合運動公園)
Park · 6.7 km · 13 min drive
Toyama Castle (富山城)
Landmark · 2.1 km · 27 min walk
Schools
Horikawa Junior High School (富山市立堀川中学校)
Public junior high school · Lower secondary (junior high) · 2.1 km · 26 min walk
Horikawa-Minami Elementary School (富山市立堀川南小学校)
Public elementary school · Primary (elementary) · 3.4 km · 7 min drive
Toyama Prefectural Toyama High School (富山県立富山高等学校)
High school · Upper secondary (high school) · 1.6 km · 20 min walk
University of Toyama (富山大学)
University · University · 3.7 km · 7 min drive
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.