Alps Whole Building
144-53 Kabayama, Kutchan, Hokkaido 044-0078
Niseko Realty are pleased to present this excellent investment opportunity close to Hirafu comprising a whole building housing 4 individual apartments all leased out. The location is excellent and a easy stroll into town so ideal for staff accommodation either short term or long term rental. The property was built in 2008 and renovated in 2016 so is in excellent condition. The renovation was a light refresher consisting of;
- Floor to ceiling shoe and snowboard racks
- Closets – Removed Japanese style dividers and created rails and shelves
- Wallpaper
Currently the property has tenancies on 3 of the apartments with the owners using the 4th. The property fully tenanted will show a strong ROI of around 5%.
The building will be sold fully furnished.
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