Bummer! A promising investment property has just been sold!

Dear Investors,

 

 

I recently found an interesting investment property in a central location of Tokyo.  Unfortunately, it has just been sold and is no longer available.  What a bummer!

 

 

 

Type: commercial building (shop, office, + residence)

Location: Shimoochiai, Shinjuku-ku, Tokyo (3-min walk to Mejiro station of JR Yamanote Line)

Land: 192.08 sq. meters

Floor area: 416 sq. meters

Coverage: 80%

FAR: 400%

Structure: steel / 4 stories

Built in: 1982

Annual return: 16,260,000 yen

Asking price: 185,000,000 yen

Others: on Mejiro Dori, and a ‘100-yen’ shop is on 1st floor

 

 

back of building

back of building

Mejiro Dori & a '100-yen' shop

Mejiro Dori & a '100-yen' shop

 

 

seen from afar

seen from afar

 

 

JR Mejiro Station

JR Mejiro Station

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Posted in Shinjuku-ku, Tokyo real estate market, Tokyo real estate view

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