Rare opportunity to purchase a whole building that is truly ski-in/ski-out and fronts the main gondola and lift area in one of Hakuba’s top resorts, Iwatake Mountain Resort. A major hotel development is also earmarked for the land in front of Hatsuyuki Apartments. Highlights include:
- En-bloc/whole building with two luxury apartments in immaculate condition
- 4 bedroom apartment on the upper floor and 3 bedroom apartment on the lower floor. All fully ensuited. Drying room and laundry area in the basement (click the links for floorplans).
- Apartments sit on a large land parcel with parking capacity for up to 6 cars
- Projected net yield (post-expenses) in the high single digits for investors looking to rent out both apartments
Perfect property for investors or lifestyle purchasers. Purchasers have the option to keep one unit for their own use and rent the other out.
Iwatake Mountain Resort is a hive of activity in both summer and winter. The mountain now has one of the most active mountain biking scenes in Japan and Asia’s longest downhill flow trail.
The net floor area of the two apartments is 336 sqm with the building totaling 381 sqm.