Wednesday, April 28th, 2010
Dear Investors:
We surveyed the following investment property the other day. Its details are:
Location: Ikuta, Tama-ku, Kawasaki city (6-min walk from Ikuta station of Odakyu Line)
Land: 165.84 square meters
Floor area: 143.10 square meters
Coverage: 50%
FAR: 100%
Structure: RC / 2 stories
Year built: 1985
Current occupancy: 100% or 6/6
Annual return: 4,491,000 yen
Price: 52,800,000 yen
Kawasaki city lies in-between Tokyo and Yokohama. Because of its geography being in-between two largest cities of Japan, the population of Kawasaki is growing at an unmatched speed relative to other regions of Japan.
Please let us know, if you are intereted in the property.
Best regards,
Minato Asset Management
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Wednesday, April 21st, 2010
Dear Investors:
We surveyed the following investment property in Kitasenju last week. Its details are:
Type: residence
Location: Senjukawaramachi, Adachi-ku (11-min walk to Kitasenju station of Tokyo Metro Hibiya Line)
Land: 37.81 sq. meters
Floor area: 53.69 sq. meters
Structure: wood / 2 stories
Year built: 2010
Current occupancy: 100% or 4/4
Annual return (estimation): 2,952,000 yen
Asking price: 37,800,000 yen
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Tuesday, April 20th, 2010
Dear Investors:
We surveyed an investment property in Kitasenju of Adachi-ku last week. Its details are:
Type: office
Location: Senjuasahicho, Adachi-ku (1-min walk from Kitasenju station of Tokyo Metro Hibiya Line)
Land: 72.72 sq. meters
Floor area: 170.77 sq. meters
Structure: Steel / 3 stories
Year built: 1985
Annual return (@100%): 8,300,800 yen
Current occupancy: 100% or 5/5
All of the current tenants are business.
Kitasenju is conveniently connected with central parts of Tokyo with Tokyo Metro Hibiya Line. Because Kitasenju is in a convenient location while being in-between Akasaka and Kashiwa (Chiba), the town is growing remarkably. There is a nice shopping zone by Kitasenju station where there are nice restaurants.
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Wednesday, April 14th, 2010
Dear Investors:
We surveyed the following investment property this morning. Its details are:
Type: residence
Location: Higashikamata, Ota-ku (5-min walk from Umeyashiki station of Keikyu Line)
Land: 86.37 sq. meters
Floor area: 103.11 sq. meters
Coverage: 60%
FAR: 200%
Structure: wood / 2 stories
Built in: 2007
Current operation rate: 100% or 6/6
Annual return: 5,088,000 yen
Price: 50,000,000 yen
The building is in a fair condition and is in a quiet residential neighborhood east of route 15 connecting Yokohama and Tokyo. But the atmosphere of the neighborhood is not so good largely because of old houses, apartment buildings, restaurants, and factories.
Please let us know, if you are interested in it.
Best regards,
Minato Asset Management
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Saturday, April 10th, 2010
Dear Investors,
We surveyed an investment property in Yoyogiuehara.
It is interesting not only because it is on a large piece of land with 240.90 sq. meters and has a 4-bedroom apartment with a large living room (about 58 sq. meters) on 2nd and 3rd floor but also because the property’s 1st place will be suitable for many businesses, in particular, a beauty parlor, a medical clinic, and a restaurant.
Type: residence + business
Location: Tomigaya, Shibuya-ku (7-min walk to Yoyogihachiman station of Odakyu/Tokyo Metro Chiyoda Line)
Land: 240.90 sq. meters
Floor area: 426.63 sq. meters
Coverage: 60%
FAR: 150%
Structure: RC / 3 stories
Built in: 1968
Price: 229,800,000 yen
Others: fully renovated in 2008, exclusive Japanese garden, 8-min walk to Yoyogiuehara station of Odakyu/Tokyo Metro Chiyoda Line, roof terrace, paking for 2 cars (w/ electric shutter), a nice view from roof balcony
Please let us know, if you are interested in it.
Best regards,
Minato Asset Management
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Thursday, April 8th, 2010
Dear Investors:
We surveyed an investment property on Route 7, which is one of the major loops going around the heart of Tokyo. The property’s details are:
Type: retail + residence
Location: Ohara, Setagaya-ku (5-min walk to Shindaita station of Keio Inokashira Line)
Land: 201.85 sq. meters
Floor area: 495.24 sq. meters
Completion: August, 1991
Coverage: 60%
FAR: 300%
Annual return: 14,292,000 yen
Price: 188,000,000 yen
Others: elevator & major renovations have been carried out in January, 2010.
Please let us know, if you are interested in this property.
Best regards,
Minato Asset Management
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Wednesday, April 7th, 2010
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Friday, April 2nd, 2010
Dear Investors:
Type: residence
Location: Ishihara, Sumida-ku, Tokyo (7-min walk from Ryogoku station of Metro Oedo Line)
Land: 173.84 sq. meters
Floor area: 888.39 sq.meters
Structure: RC / 11 stories
Year built: 2009
Coverage: 100%
FAR: 500%
Annual return (@100%): 32,844,600 yen
Price: 616,000,000 yen
Please let us know, if you are interested in it.
Best regards,
Minato Asset Management
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Thursday, April 1st, 2010
Dear Investors:
We surveyed an investment property in a downtown of Tokyo. Its specs are:
Type: residence
Location: Kameido, Koto-ku (6-min walk from Kameido station of JR Sobu Line)
Land: 200.76 sq. meters
Floor area: 1,361.75 sq. meters
Structure: RC / 14 stories + 1 story underground
Year Built: 2008
Coverage: 80%
FAR: 600%
# of units: 46 (= 40 x studio + 6 x 1-bedroom)
Annual return (@100%): 52,363,800 yen
Asking price: 870,000,000 yen
Yield: 6.01%
Please let us know, if you are interested in the property.
Best regards,
Minato Asset Management
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