Exclusive Listing · Japan
Apartment Building in Yonehara, Yonago Commercial Property in Yonehara 8-chome, Japan
Low-rise apartment blocks around a shared car park in western Tottori, sold with tenants
- Price
- JPY 180.00M
- Completion
- Completed
Introduction
Yonago is the main city of western Tottori Prefecture, and this site sits in a residential district of low-rise housing about a 17-minute walk from the nearest rail station. The asset is a group of two-storey apartment blocks of matching design, arranged around a shared open-air car park with numbered bays and a covered bicycle shelter. The land is large for the floor area, and the blocks are sold with their existing tenancies. It suits an investor seeking a tenanted residential holding in a regional city who will review the lease schedule, building specifications and maintenance history first.
Why This Opportunity
A multi-building site on generous land
The plot is large relative to the floor area, which is a sizeable holding for a regional city and offers a single point of ownership.
Numbered open-air parking
Marked and numbered bays fill the shared car park. That is useful where the station is a long walk away and residents depend on cars.
Covered bicycle shelter
A roofed metal shelter holds residents' bicycles beside one of the blocks, supporting daily travel around the neighbourhood.
Tenants in place at handover
The buildings are sold tenanted, and the existing tenancies pass to the new owner. The lease schedule should be reviewed.
Uniform low-rise design
The blocks are two-storey with matching exteriors, which usually simplifies upkeep because the same repairs and materials apply across the site.
The Area
Where it is
Getting around
Yonago Kitaro Airport (米子鬼太郎空港 / 美保飛行場)
Airport · 17.8 km · 24 min drive
Goto Station (後藤駅)
Train station · JR West Sakai Line · 1.4 km · 17 min walk · 8 min to Yonago Station
Fujimicho Station (富士見町駅)
Train station · JR West Sakai Line · 2.0 km · 25 min walk · 5 min to Yonago Station
Nearby
Tottori University Hospital (鳥取大学医学部附属病院)
University hospital with emergency and critical care centre · 2.9 km · 6 min drive
AEON Mall Hiezu (イオンモール日吉津)
Shopping mall · 6.1 km · 12 min drive
Yonago Castle Ruins (米子城跡)
Historic castle ruins and park · 3.4 km · 7 min drive
Schools
Fukusei Nishi Elementary School (米子市立福生西小学校)
Public elementary school · Primary · 2.1 km · 27 min walk
Fukumai Junior High School (米子市立福米中学校)
Public junior high school · Junior high · 1.7 km · 21 min walk
Yonago Higashi High School (鳥取県立米子東高等学校)
Public high school · Senior high · 2.4 km · 30 min walk
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