Bummer! A promising investment property has just been sold!
Friday, January 22nd, 2010
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
Mejiro Dori & a '100-yen' shop
seen from afar
JR Mejiro Station
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Posted in Shinjuku-ku, Tokyo real estate market, Tokyo real estate view
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