Dear Investors,

 

I surveyed the following investment property this afternoon.  Its details are as follow:

 

 

Type: shop (currently a karaoke bar) + residence

Location: Higashinakano, Nakano-ku, Tokyo (2-min walk from Higashinakano station of JR Sobu Line & Metro Oedo Line)

Land: 86.47 sq. meters

Floor area: 185.30 sq. meters

Coverage: 60%

FAR: 200%

Year built: 1986

Structure: RC / 4 stories

Current operation rate: 100% or 7/7

Annual return: 6,360,000 yen

Price: 120,000,000 yen

Others: well maintained, within a walking distance of Shinjuku, a nice view from the roof balcony, 1 x retail + 5 x studio + 1 x 3-bedroom apartment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The property is on east side of Higashinakano station.  Higashinakano is self-sufficient.   You can find almost all groceries and daily necessities in the town. 

 

 

Please feel free to contact us at any time, if you are interested in the property or need any further information about it.

 

 

Best regards,

 

Minato Asset Management