The most expensive seven units of The Roppongi Tokyo Club Residence (a brand-new, 39-story tower condominium in Roppongi) have been sold as soon as they came out on market.  Their prices are 268,000,000 - 480,000,000 yen. 

Best regards,

Minato Asset Management

Dear Investors:

The asking price of the following prperty is now 198,000,000 yen, down from 220,000,000 yen.   Consequently, yield is over 12%.  It was originally advertised on July 6 blog.

Type: commercial (1 unit) + residential (34 units)

Address: Inari-cho, Hanno City, Saitama Prefecture (7-min walk from Hanno station of Seibu Ikebukuro Line)

Land: 297.53 square meters

Floor area: 1,112.30 square meters

Structure: Steel Reinforced Concrete (SRC) / 8 stories

Built in: 1991

Asking price: 198,000,000 yen

Annual return (estimation): 25,169, 400  yen

Annual expenditure (estimation): 5,484,171 yen

Yield (estimation): 12.71%

Current operation ratio: 28/34

Amenities: proximity to greenery, a nice residential neighborhood, free Interenet, free U-SEN

a high-yield SRC apartment building in a suburb of Tokyo

main entrance

Here are photos of the investment property in Koganei City which we introduced to you yesterday.

a high-yield investment property in Koganei City

a high-yield investment property in Koganei City

a close-up view

seen from afar 2

Please let us know, if you are interested in the property.

Warm regards,

Minato Asset Management

Let us introduce the following investment property:

Type: shops, offices, and apartments

Location: 3, Honcho, Koganei City, Tokyo (8-min walk from Musashikoganei station of JR Chuo Line)

Land: 227.76 square meters

Floor area: 840.20 square meters

Structure: Reinforced Concrete / 5 stories + 1 story underground

Year build: 1991

Asking price: 170,000,000 yen

Annual return (@100%): 16,944,000 yen

Yield (@100%): 9.96%

Current performance: 100% 0r 10/10 with annual return of 16,944,000 yen

a 170,000,000-yen investment property in Koganei City

Pros for this property include a high yield, constant demands for population growth, a history of good pefromance, and a nice residential neighborhood.

Please let us know, if you are interested in the property.

Best regards,

Minato Asset Management

Let us introduce the following investment property.

Type:  retail, office, and residential

Location: 3, Toyooka, Iruma City, Saitama (13-min walk from Irumashi sation of Seibu Ikebukuro Line)

Land: 149.13 square meters

Floor area: 281.77 square meters

Structure: Steel / 3 stroies

Year Built: 1990

Coverage: 80%

FAR: 200%

Annual return (current):  3,603,000 yen

Annual return (100%): 6,219,000 yen

Asking price: 43,000,000 yen

Yield (current): 8.37%

Yield (@100%): 14.46%

a high-yield investment property in Saitama

In theory, this property’s yield can be as high as near 15%.  But its current yield is just 8.37%.  Location greatly matters with the performance of this investment property. 

To consider the purchase of this property, you woud have to study and understand the location thoroughly - distance to major train stations and neighboring towns, and profile of the neighbors, access to shops for daily necessities and to public services (e.g. hospital and school).

Please let us know, if you are interested in this property.

Best regards,

Minato Asset Management

Please let us introduce the following investment property.

Type:  residential

Address: 3, Miyoshi-cho, Fuchu City, Tokyo (5-min walk from Bubaigawara station of Keio Line & JR Nambu Line)

Land: 268.34 square meters

Floor area: 387.41 square meters

Structure: Reinforced Concrete / 3 stories

Year built: 1990

Current operation ratio: 7/9

Annual return (@100%): 10,176,000 yen

Asking price: 145,000,000 yen

Others: 9 units in total - 1 x 1-bedroom, 4 x 2-bedroom; and Bubaigawara station is 25 minutes from Shinjuku station (direct)

a 145,000,000-yen investment property in Fuchu

Please let us know, if you are interested in this property.

Best regards,

Minato Asset Management

Let us introduce you the following investment property in Shibuya-ku.

Type: residential

Address: 2, Ebisuminami, Shibuya-ku, Tokyo (7-min walk from Ebisu station of JR Yamanote Line & Tokyo Metro Hibiya Line)

Land: 90.31 square meters

Floor area: 245.45 square meters

Structure: Reinforced Concrete / 5 stories

Year built: 1982

Others: 5 units (4 x 1-bedroom apartment + 1 x 4-bedroom apartment); parking (covered); a quiet semi-commercial neighborhood in-between Ebisu and Meguro; walls have been repainted in October, 2002; and facilities of Japan’s Self Defence Force (JSDF) are in the same neighborhood

Current operation rate: 100% or 5/5

Annual return: 9,168,000 yen

Asking price: 148,000,000 yen

Investment property in-between Ebisu & Meguro

a close-up view

neighborhood

neighborhood 2

Ebisu is a very popular town.   The commercial zone in-between Ebisu and Daikanyama is one of the most popular shopping districts in Japan. 

Please let us know, if you are interested in this property.

Minato Asset Management

Let us introduce you the following investment property:

Type: commercial

Address: 6, Ikegami, Ota-ku, Tokyo (1-min walk from Ikegami station of Tokyu Ikegami Line)

Land: 62.44 square meters

Floor area: 291.09 square meters

Structure: Steel Reinforced Concrete / 5 stories above the ground + 1 story underground

Year built: 1979

Coverage: 80%

FAR: 500%

Current operation ratio: 5/6

Current annual return: 11,916,000 yen

Asking price: 142,000,000 yen

Yield: 9.1 %

Others: Basement (karaoke bar); 1, 2, 5F (KFC); 3F (vacant); and 4F (mahjong salon)

a commercial building adjacent to Ikegami station

KFC is renting 1, 2, and 4F of a 5-story building

a close-up view

Ikegami is a temple town in the center of Ota-ku which is southmost ward of Tokyo 23 wards.  Haneda Airport is in east of Ota-ku.  Ikegami station is in-between Gotanda and Kamata.

It will be interesting to watch how much the real estate  value of Ikegami will go up because Ikegami is about 5 kilometers west of Musashikosugi which is more popular than ever before as a suburb of Tokyo and Yokohama with high-rise condominiums.

Renovation costs might be a drawback for purchase of the property.   That is, the property will need extensive renovation when it is possessed by a new owner.

a staircase and a hand railing needing renovation

Please let us know, if you are interested in the property.

Best regards,

Minato Asset Management

Let us introduce you the following investment property in Shinjuku-ku.

Type: residence

Address: Shimoochiai, Shinjuku-ku, Tokyo (2-min walk from Shimoochiai station of Seibu Shinjuku Line)

Land: 262.64 square meters

Floor area: 740.92 square meters

Structure: RC / 6 stories

Year Built: 1973

Current operation ratio: 20/21

Current annual return: approximately 20,000,000 yen

Asking price: 198,000,000 yen

Yield: approximately 10%

Others: 21 units + parking (2 lots), 8-min walk from Takadanobaba station (JR & Tokyo Metro Takadanobaba station)

a 198,000,000-yen investment property in Shinjuku

Depending on your qualification, a bank may be able to lend you as much as 150,000,000 yen or so with a repayment period of 15 years or so.  The largest bottleneck in borrowing from a lender for this property would be the building’s age (built in 1973) and limited period of time for repayment. 

But this means that you should be able to purchase it easily, if only you can inject an adequate amount of down-payment.

Shimoochiai station is 2nd stop from Shinjuku station of Seibu Shinjuku Line.

Please let us know, if you are interested in this property.

Best regards,

Minato Asset Management

Type: office, residence

Address: 4, Sendagaya, Shibuya-ku, Tokyo (4-min walk from JR Sendagaya station of Sobu Line)

Land: 189.15 square meters

Floor area: 549.12 square meters

Floor layout: 1F/ 2 x studio, 2F/office, 3F/office, 4F/ 3-bedroom apartment, 5F/2-bedroom apartment, & 6F/ storage + roof terrace

Built in: 1973

Structure: RC / 6 stories

Annual return: 7,821,000 yen (as of 7/17/2010, only 2F and 3F are rented out)

Asking price: 298,000,000 yen

Others: next to the National Noh Theater, quiet neighborhood, facing south, roof terrace, parking for 2 cars, nice view from the roof terrace, and within a walking distance of 6 train stations (i.e. Sendagaya, Yoyogi, Shinjuku, Harajuku, Kokuritukyogijyo, and Kitasando)

an investment property across the national noh theater

building's main entrance, studios, and parking

neighborhood (the national noh theater's premises are seen on the left)

seen from afar

the national noh theater

 Because the property is distressed with a history of 37 years since its completion, the largest bottleneck for purchase of this property will be mortgage from a lender.  And an investor or a buyer will be required to provide much funds.

Location is nice and the value of the land will only increase mostly because of its proximity to major train stations and to pubic parks.

Cultural facilities, such as, the national noh theater, the Tokyo Gym, the National Stadium, and Seitoku Memorial Museum, are in the neighborhood.

Please let us know, if you are interested in the property.

Best regards,

Minato Asset Management