an investment apartment building in Ichikawa 2

Dear international investors,

 

I saw another investment apartment building in Ichikawa, after viewing the 290,000,000-yen apartment building.   Ichikawa is a poplular residential area adjacent to Tokyo’s Edogawa-ku.

 

Just like other major satellite cities of Tokyo (e.g. Kawasaki, Saitama, Omiya, Kawaguchi, Funabashi, and Chiba) which generally provide better real-estate investment opportunities than the center of  Tokyo in terms of yield,  Ichikawa offers high-yield real estate investment opportunities and you can obtain a net yield as high as 8% with this particular apartment building.

 

I hope that this article will motivate you to consider Tokyo’s surroundings for real-estate investment.

 

 

view of an investment apartment building in Ichikawa
view of an investment apartment building in Ichikawa

 

Specifications are as follows:

 

Price: approx. 500,000,000 yen

Location: Tomihama, Ichikawa

Transportation: 9-min walk to Myoden station (Tokyo Metro Tozai Line)

Structure: RC / 6 stories

Built in: 1988

Land: 954,31 sq. meters

Total Floor Area: 1,870,64 sq. meters

Land Restrictions: 60% (land) & 200% (FAR)

Monthly revenue: approx. 45,000,000 yen

Yield (gross): 9.05%

Yield (net): 8.27%

 

view from an 500,000,000-yen apartment building in Ichikawa
view from an 500,000,000-yen apartment building in Ichikawa

 

 

view from an apartment building in Ichikawa
view from an apartment building in Ichikawa
view from an apartment building in Ichikawa
view from an apartment building in Ichikawa
corridor of apartment building in Ichikawa
corridor of apartment building in Ichikawa

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