A high-yield investment property in Saitama

Dear Investors:

 

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

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Posted in Saitama Prefecture, Tokyo real estate market, Tokyo real estate view

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