Archive for the ‘Tokyo real estate view’ Category

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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Apartment buildings in Saitama City for investment

Dear Investors,

 

I went to view two apartment buildings in Saitama City this afternoon.  Their details are as follow:

 

(building 1)

Price: 42,000,000 yen

Location: Minuma-ku, Saitama City (7-min walk from Higashi Omiya station of JR Tohoku Line)

Land: 183.07 sq. meters

Floor area: 166.08 sq. meters

#units: 10

Year Built: 1987

Structure: wood / 2 stories

Coverage 60%

FAR: 200%

Annual return: 4,356,000 yen

Current operation rate: 100%

Yield: 10.37%

 

(building 2)

Price: 33,000,000 yen

Location: Minuma-ku, Saitama City (5-min walk from Higashi Omiya station of JR Tohoku Line)

Land: 140.00 sq. meters

Floor area: 131.04 sq. meters

#units: 8

Year Built: 1987

Structure: wood

Coverage: 60%

FAR 200%

Annual return: 3,456,000 yen

Current operation rate: 88%

Yield: 10.47%

 

 

 

Saitama is a satellite city of Tokyo Metropolis whose population is over 20 million.  It is conveniently located in north of Tokyo; and many families, company employees, students, and international people live in the city and surrounding areas. 

 

 

 

building 1

building 1

 

 

 

 

 

 

building 1 - corridor

building 1 - corridor

 

building 1 - a view from a staircase

building 1 - a view from a staircase

 

building 2 - seen from above

building 2 - seen from above

 

building 2

building 2

building 2 - corridor

building 2 - corridor

Higashi-Ohmiya station

Higashi-Ohmiya station

Higashi-Ohmiya station seen from afar

Higashi-Ohmiya station seen from afar

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High-yield investment property outside of Tokyo

Dear Investors,

 

 

I have just come across with a very high-yield investment property in a suburb of Tokyo.  Its details are as follows.

 

 

Type: restaurant business

Location: Shimonagata, Nasushiobara City, Tochigi Prefecture (about 2.5 hours from Tokyo station by local train)

Land: 561.31 sq. meters

Floor Area: 541.00 sq. meters

Structure: steel / 2 stories

Year Built: 1990

Yield (at operation rate of 100%): 27.83%

Annual return (at operation rate of 100%): 15,252,000 yen

Asking price: 54,800,000 yen

Others: natural hot springs nearby and a 12-min-walk from a JR station

 

 

Yield is high.  But risk is also high.  In particular, it will probably be difficult to find tenants for income gain, buyers for capital gain, and vendors for daily operations.  Also, it will probably be difficult to find lenders.

 

I am just wrting to let you know  that there are many high-yield investment properties outside of Tokyo which may be worthwhile to consider for for your portfolio.   But, please let me emphasize once again that there is high risk behind them.

 

 

As a matter of fact, good real estate agents warn that focusing on only high yields is risky for search of investment properties.

 

 

Please let me know, if you are still interested in this kind of investment property.

 

 

Best regards,

 

 

Minato Asset Management

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Bummer! A promising investment property has just been sold!

Dear Investors,

 

 

I recently found an interesting investment property in a central location of Tokyo.  Unfortunately, it has just been sold and is no longer available.  What a bummer!

 

 

 

Type: commercial building (shop, office, + residence)

Location: Shimoochiai, Shinjuku-ku, Tokyo (3-min walk to Mejiro station of JR Yamanote Line)

Land: 192.08 sq. meters

Floor area: 416 sq. meters

Coverage: 80%

FAR: 400%

Structure: steel / 4 stories

Built in: 1982

Annual return: 16,260,000 yen

Asking price: 185,000,000 yen

Others: on Mejiro Dori, and a ‘100-yen’ shop is on 1st floor

 

 

back of building

back of building

Mejiro Dori & a '100-yen' shop

Mejiro Dori & a '100-yen' shop

 

 

seen from afar

seen from afar

 

 

JR Mejiro Station

JR Mejiro Station

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Investment property (restaurant + residence) in Bunkyo-ku

Dear Investors,

 

 

An investment property in Bunkyo-ku is for sale.  Its details are as follows:

 

 

Type: investment property

Location: Koishikawa, Bunkyo-ku, Tokyo (8-min walk to Kasuga station of Toei Mita Line, 9-min walk to Kasuga station of Toei Oedo Line & Tokyo Metro Namboku Line, and 11-min walk to Korekuen station of Tokyo Metro Marunouchi Line)

Land: 150.54 sq. meters

Floor area: 368.15 sq. meters

Structure: Steel / 5 stories

Coverage: 60%

FAR: 400%

Current Numbers:

Operation rate: 100% or 10/10

Annual return: 13,203,090 yen (including 111,090 yen from a mobile phone company which uses the property’s roof for antennas)

Others: within a walking distance of Tokyo Dome & Koishikawa Botanical Garden, nice view from roof balcony

 

 

Bunkyo-ku means an educational district.  In fact, there are many good educational facilities (e.g. elementary school, junior & highschool, college, and university) in Bunkyo-ku.   Tokyo Dome (= an indoor baseball park) is within a walking distance.

 

 

seen from afar

seen from afar

 

 

close-up view

close-up view

 

 

1st floor

1st floor

 

 

roof balcony

roof balcony

 

 

corridor (4th floor)

corridor (4th floor)

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High-yield investment property in Kashiwa

Dear Investors,

 

 

There is a high-yield investment property in Kashiwa City.  Its specs are as follows:

 

 

Type: commercial building

Location: Kashiwa, Kashiwa City, Chiba (5-min walk from Kashiwa station of JR Jyoban Line)

Land: 221.58 sq. meters

Floor area: 645.13 sq. meters

Coverage: 60%

FAR: 300%

Structure: RC / 4 stories

Built in: 1981

Current operation rate: 100% or 8/8

Current annual return: 18,333,605 yen

Asking price: 150,000,000 yen

 

 

 

front

front

 

 

front 2

front 2

 

 

back of building

back of building

 

 

side of building

side of building

 

 

elevator hall

elevator hall

 

 

corridor

corridor

 

 

seen from afar

seen from afar

1st floor - a colorful educational facility for small kids

1st floor - a colorful educational facility for small kids

Kashiwa is in Chiba Prefecture and is northeast of Tokyo.  Its population is growing largely because it has good connection with central areas of Tokyo with JR Jyoban Line.  It is about 40 minutes from Kashiwa station to Tokyo station.    In particular, Kashiwa is popular among young people. 
The property is on where a nice commercial district on east side of Kashiwa station ends.  There are many nice shops and cramming schools or jukus in the neighborhood.  Japanese families are coming to live in Kashiwa probably because they want their children to receive good education.
Please let us know, if you are interested in this property.
Best regards,
Minato Asset Management

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Bargain property in Azabujuban

Dear Investors,

 

An interesting investment property is for sale.  Its details are as follows:

 

 

Type: commercial building (restaurant, bar, & office)

Location: Azabujuban, Minato-ku (2-min walk to Azabujuban station of Tokyo Metro Namboku Line & Toei Oedo Line)

Land: 104.92 sq. meters

Floor area: 429.63 sq. meters

Coverage: 80%

FAR: 500%

Built in: 1990

Structure: Steel / 8 stories

Current Numbers:

Operation rate: 100%

Annual return: approximately 22,080,000 yen

Annual expenses: approximately 1,497,000 yen

Asking price: 350,000,000 yen

Other: an inspection for asbestos has been conducted (negative)

 

 

front

front

 

 

front 2

front 2

seen from afar

seen from afar

 

 

foyer

foyer

 

 

neighborhood

neighborhood

a patio of Azabujuban

a patio of Azabujuban

 

 

The property is posting a yield of 6.31% which is not so high.   But a high occupancy rate and a high asset value will be surety because it is in central areas of Azabujuban which is a popular commercial district of Tokyo with many first-class restaurants.

 

 

Please let us know, if you are interested in this property.

 

 

Best regards,

 

 

Minato Asset Management

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High yield investment building in a good location of Tokyo

Dear Investors,

 

We surveyed the following investment property in Ebisu yesterday.  It will create interesting investment opportunities largely because it is a relatively new and RC building in a promising location of Tokyo.

 

 

Type: office building for investment

Location: Ebisu, Shibuya-ku, Tokyo (7-min walk to Ebisu station of JR Yamanote Line & 9-min walk to Ebisu station of  Tokyo Metro Hibiya Line)

Land: 400.85 sq. meters

Floor area: 1,683.64 sq. meters

Coverage: 80%, 60%

FAR: 400%, 300%

Built in: 1993

Structure: SRC / 9 stories + 1 story underground

Other features: a popular comercial, trendy, and international district; and parking for 6 cars

Current Numbers:

Operation rate: 92.1%

Annual return: approximately 136,374,000 yen

Annual expenses: approximately 16,851,000 yen

Asking price: 1,120,000,000 yen

 

 

front

front

 

 

 

front 2

front 2

 

 

side

side

 

 

entrance hall

entrance hall

 

 

entrance

entrance

 

 

inside

inside

 

 

neighborhood

neighborhood

 

 

neighborhood 2

neighborhood 2

 

 

We have a listing of investment properties like this one.  Please feel free to contact us, if you are interested in this property or other properties.

 

 

We are looking forward to the opportunity to do business with you.

 

 

Best regards,

 

 

Minato Asset Management

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investment properties in Bunkyo-ku and Shinjuku-ku

Dear International Investors,

 

 

I surveyed three investment properties in Bunkyo-ku and Shinjuku-ku this afternoon.  They are combinations of residence and retail (or office).

 

 

a 110,000,000-yen property in Myogadani (Bunkyo-ku)

a 110,000,000-yen property in Myogadani (Bunkyo-ku)

 

 

Price: 110,000,000 yen

Location: Koishikawa, Bunkyo-ku (6-min walk to Myogadani station of Tokyo Metro Marunouchi Line)

Land: 74.77 sq. meters

Floor area: 286.10 sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Built in: 1997

Coverage/FAR: 60% / 400%

 

 

a 64,900,000-yen property in Nijiyukkicho (Shinjuku-ku)

a 64,900,000-yen property in Nijiyukkicho (Shinjuku-ku)

 

 

Price: 64,900,000 yen

Location: Nijiyukkicho, Shinjuku-ku (4-min walk to Ushigomekagurazaka station of Oedo Line)

Land: 43.68 sq. meters

Floor area: 113.5 sq. meters

Structure: Steel / 3 stories above ground + 1 story underground

Built in: 1999

Coverage/FAR: 60% / 160%

 

 

a 137,000,000-yen property in Waseda (Shinjuku-ku)

a 137,000,000-yen property in Waseda (Shinjuku-ku)

 

 

Price: 137,000,000 yen

Location: Wasedatsurumakicho, Shinjuku-ku (6-min walk to Waseda station of Tokyo Metro Tozai Line)

Land: 91.9 sq. meters

Floor area: 353.96 sq. meters

Structure: RC / 5 stories above ground +  1 story underground

Built in: 2001

Coverage/FAR: 80% / 400 %

Current Annual Return: 11,359,080 yen

Current Yield: 8.29%

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a nice-looking office building in Kameido (Koto-ku) is for sale

Dear International Investors,

 

I surveyed a beautiful office building in Kameido.  Its features are as follows:

 

 

Type: office building for sale

Location: Kameido, Koto-ku, Tokyo (3-min walk to Kameido station of JR Sobu Line)

Land: 266.50 sq. meters

Floor area: 1,701.58 sq. meters

Structure: RC / 9 stories

Built in: 1981

Coverage/FAR: 80% / 700%

Current operation rate: 87.72%

Current annual return: approximately 51,079,000 yen

Other: Fully renovated in 2009

 

 

a beautiful office building in Kameido

a beautiful office building in Kameido

 

 

seen from a different angle

seen from a different angle

 

 

seen from afar

seen from afar

 

 

Kameido station is of JR Sobu Line which connects central areas of Tokyo and Chiba Prefecture.  From Kameido station to Shinjuku station is about 25 minutes.  Kameido is low-laying land east of Sumida River and is an old residential area of Tokyo.

 

 

Kameido station

Kameido station

 

 

a row of old restaurants back of Kameido station

a row of old restaurants back of Kameido station

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