Archive for February, 2010

Investment property in Higashinakano 2

Dear Investors,

 

 

I saw another investment property in Higashinakano on Saturday.  Its details are as follow:

 

 

Type: retail + residence

Location: Higashinakano, Nakano-ku, Tokyo (3-min walk from Higashinakano station of JR Sobu/Chuo Line)

Land: 151.41 sq. meters

Floor area: 571.38 sq. meters

Structure: RC / 5 stories

Year built: 1973

Coverage: 80%

FAR: 400%

Annual return: 17,945,148 yen (@operation rate of 100%)

Current operation rate: 75% or 9/12

Price: 218,000,000 yen

Other: Major renovations (e.g. painting of outer walls, waterproofing of roof, and painting of metal parts in common areas) has been carried out in 1997

 

 

 

investment property in Higashinakano

investment property in Higashinakano

 

 

ground floor

ground floor

 

 

side

side

 

 

front

front

inside

inside

roof balcony

roof balcony

 

 

 

 

a view from roof balcony

a view from roof balcony

 

 

seen from afar

seen from afar

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