High yield investment property in Shinjuku

Dear Investors,

 

A high-yield and new investment property is for sale.  It is attractive in many respects.   We hope you will consider it for your investment.  Its specs are as follows:

 

 

Type: residential building + laundry

Location: Shinjuku, Shinjuku-ku (4-min walk to Shinjuku 3 chome station of Toei Shinjuku Line)

Land: 59.50 sq. meters

Floor area: 154.15 sq. meters

Structure: steel / 6 stories

Coverage: 80%

FAR: 600%

Built in: 2006

Current Numbers:

Operation rate: 100%

Annual Return: 10,128,000 yen

Monthly Return: 844,000 yen (1f-250,000, 2f-113,000, 3f-123,000, 4f/5f/6f  - owner’s own use)

Asking price: 112,500,000 yen

Others:

14-sq.meter land on 1st floor is not registered and a building certificate is unavailable.  But obtaining mortgage from lenders for this property should be easy not only because the property is new and in a good location but also because the land (where a laundry is) is covered with glasses which can be removed easily.

6-min walk to Shinjuku 3-chome station of Tokyo Metro Marunouchi Line & Tokyo Metro Fukutoshin Line & 11-min walk to Higashi Shinjuku station of Toei Oedo Line.

Roof balcony.

200 meters to Yasukuni Dori.

 

 

front

front

 

 

front (close-up)

front (close-up)

 

 

entrance

entrance

 

 

entrance hall

entrance hall

laundry

laundry

seen from street

seen from street

neighborhood

neighborhood

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Posted in Shinjuku-ku

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