Archive for February, 2010
Investment property in Higashinakano 2
Tuesday, February 2nd, 2010
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
ground floor
side
front
inside
roof balcony
a view from roof balcony
seen from afar
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