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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

entrance

staircase - well-maintained property

a view from roof balcony - Skyscraper at Shinjuku

neighborhood

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

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 - corridor

building 1 - a view from a staircase

building 2 - seen from above

building 2

building 2 - corridor

Higashi-Ohmiya station

Higashi-Ohmiya station seen from afar

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

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

Mejiro Dori & a '100-yen' shop

seen from afar

JR Mejiro Station

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

close-up view

1st floor

roof balcony

corridor (4th floor)

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 2

back of building

side of building

elevator hall

corridor

seen from afar

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

Dear Investors,

A high-yield investment property in Shibuya-ku is for sale.  It is posting a high yield of more than 11% as is largely because it is in an active commercial district west of Shinjuku.

Type: transfer of ownership

Current use:  a karaoke bar

Location: Hatagaya, Shibuya-ku (2-min walk from Hatagaya station of Keio New Line)

Structure: RC / basement of a 5-story commercial building

Floor area: 38 sq. meters

Current rent: 120,000 yen/month or 1,440,000 yen/year

Management fee: 10,000 yen/month

 Asking price: 12,800,000 yen

common entrance

seen from afar

seen from Koshu Kaido (= street)

There is a nice shopping area north of Hatagaya station which is making the community self-sufficient.  The area is always bustling with nice shops, restaurants, and shoppers. 

The property is east of the shopping area and 50 meters from Koshu Kaido (=street) which has always been a major street connecting Shinjuku and other central areas of Tokyo with western regions of Shinjuku and western provinces of Tokyo.

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

Best regards,

Minato Asset Management

Dear Investors,

An investment property in Adachi-ku is for sale. 

Type: own house + studios

Location: Nishiayase, Adachi-ku (1-min walk to Gotanno station of Tobu Isezaki Line)

Land: 273.62 sq. meters

Floor area: 203.29 sq. meters (1f – 5 x studio & 2 f – a 3-bedroom apartment)

Structure: wooden / 2 stories

Built in: 1993

Current Numbers:

Operation rate: 100%

Annual return: 5,712,000 yen

Asking price: 98,000,000 yen

seen from street

front

hall (5 x studio)

staircase to 2nd floor (a 3-bedroom apartment)

train station seen from property

neighborhood

Adachi-ku is a northeast ward of Tokyo.   Train lines, such as, Tokyo Metro Chiyoda Line and Tobu Isezaki Line, connect Adachi-ku with central areas of Tokyo. 

Also, the real estate value of Adachi-ku is relatively low relative to the other 22 wards or kus of Tokyo.

A high-yield and new investment property is for sale.  It is attractive in many respects.   We hope you will consider it for your investment.  Its specs are as follows:

Type: residential building + laundry

Location: Shinjuku, Shinjuku-ku (4-min walk to Shinjuku 3 chome station of Toei Shinjuku Line)

Land: 59.50 sq. meters

Floor area: 154.15 sq. meters

Structure: steel / 6 stories

Coverage: 80%

FAR: 600%

Built in: 2006

Current Numbers:

Operation rate: 100%

Annual Return: 10,128,000 yen

Monthly Return: 844,000 yen (1f-250,000, 2f-113,000, 3f-123,000, 4f/5f/6f  – owner’s own use)

Asking price: 112,500,000 yen

Others:

14-sq.meter land on 1st floor is not registered and a building certificate is unavailable.  But obtaining mortgage from lenders for this property should be easy not only because the property is new and in a good location but also because the land (where a laundry is) is covered with glasses which can be removed easily.

6-min walk to Shinjuku 3-chome station of Tokyo Metro Marunouchi Line & Tokyo Metro Fukutoshin Line & 11-min walk to Higashi Shinjuku station of Toei Oedo Line.

Roof balcony.

200 meters to Yasukuni Dori.

front

front (close-up)

entrance

entrance hall

laundry

seen from street

neighborhood

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 2

seen from afar

foyer

neighborhood

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