Wednesday, April 28th, 2010
We surveyed the following investment property the other day. Its details are:
Location: Ikuta, Tama-ku, Kawasaki city (6-min walk from Ikuta station of Odakyu Line)
Land: 165.84 square meters
Floor area: 143.10 square meters
Structure: RC / 2 stories
Year built: 1985
Current occupancy: 100% or 6/6
Annual return: 4,491,000 yen
Price: 52,800,000 yen
Kawasaki city lies in-between Tokyo and Yokohama. Because of its geography being in-between two largest cities of Japan, the population of Kawasaki is growing at an unmatched speed relative to other regions of Japan.
Please let us know, if you are intereted in the property.
Minato Asset Management