Archive for the ‘Nakano-ku’ Category

news – the real estate market of the Tokyo metropolitan area is showing positive signs

Dear Investors,

 

 

According to a March 16 report by Real Estate Economic Institute Co., Ltd., 2,777 brand-new apartment units have been sold in February, which is a 10.7% increase from the previous year, in the Tokyo metropolitan area. 

 

They conclude that the real estate market of the Tokyo metropolitan area has started to show positive signs.

 

 

Best regards,

 

 

Minato Asset Management

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Investment property in Higashinakano

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

 

 

investment property in Higashinakano

investment property in Higashinakano

 

 

entrance

entrance

 

 

staircase - well-maintained property

staircase - well-maintained property

 

 

a view from roof balcony - Skyscraper at Shinjuku

a view from roof balcony - Skyscraper at Shinjuku

 

 

neighborhood

neighborhood

 

 

JR Higashinakano station - only 2 stops or a 5-min train ride from Shinjuku

JR Higashinakano station - only 2 stops or a 5-min train ride from Shinjuku

 

 

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

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