Investment property with a high occupancy rate in Setagaya-ku

Dear Investors:

 

Let us introduce you a high-performing investment property in a popular suburb of Tokyo.  Its details are:

 

 

Asking price: 1,200,000,000 yen (to be negotiated)

Address: 4-14-11, Nakamachi, Setagaya-ku (12-min walk from Kaminoge station of Tokyu/Ooimachi Line)

Land: 1,094.21 square meters

Floor area: 1,980.16 square meters

Structure: Reinforced Concrete, 3 stories with flat roof

Year Built: 2001

Current occupants: shop x 1, studio x 48, 3-bedroom apartment x 1

Current operation rate: 100% or 50/50

Monthly return: 5,021,000 yen

Yield: 5%

 

Pros: high operation rate / nice, quiet, popular residential area / a large piece of land with more than 1,000 square meters

Con: no train station nearby (12-min walk to nearest station)

 

 

 

an investment property with a high occupancy in Setagaya-ku

 

  

 

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

 

 

 

Best regards,

 

 

 

Minato Asset Management

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

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