A hub of restaurants and bars by a major train station is now for sale

Dear Investors:

 

 

A property nearby a major JR station is for sale.  It is fully occupied with restaurants and bars.

 

 

 

Address: 3, Shouan, Suginami-ku, Tokyo (1-min walk from Nishiogikubo station of JR Chuo Line)

Land: 120.06 square meters

Floor area: 452.69 square meters

Structure: Reinforced Concrete / 6 stories above ground + 1 story underground

Zoning: Commercial

Built in: 1988

History of major renovation: Painting of outer walls in 2010

Current operation rate: 100%

Annual return (based on current monthly return): 17,535,000 yen

Asking price: 193,000,000 yen

Yield: 9%

 

a high-yield generating property in Ogikubo

 

 

 You should be able to obtain a good occupancy rate constantly with this property because of its proximity to a major train station and neighboring residential areas.

 

 

Okigubo is a core town of Suginami ward which is about 4 kilometers west of  Shinjuku and is well known for quality residential neighborhoods.  Ogikubo station is a JR Chuo Line station and is about 20-min-long train from Shinjuku station.

 

 

Please let us know, if you are interested in this property or need any further information about it.

 

 

Best regards,

 

 

Minato Asset Management

Posted in admin
Posted in Suginami-ku, Tokyo real estate market, Tokyo real estate view

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