Tuesday, June 8th, 2010
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