{"id":2055,"date":"2010-06-25T12:32:42","date_gmt":"2010-06-25T03:32:42","guid":{"rendered":"https:\/\/blog.realestate-minato.com\/?p=2055"},"modified":"2010-06-25T15:31:07","modified_gmt":"2010-06-25T06:31:07","slug":"a-high-yield-family-apartment-building-is-available-for-sale-in-saitama","status":"publish","type":"post","link":"https:\/\/blog.realestate-minato.com\/?p=2055","title":{"rendered":"A high-yield, family apartment building is available for sale in Saitama"},"content":{"rendered":"<p>Dear Investors:<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>A high-yield apartment building is for sale in a residential neighborhood of <a title=\"saitama\" href=\"https:\/\/en.wikipedia.org\/wiki\/Saitama_Prefecture\" target=\"_blank\">Saitama Prefecture<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Type: residential (for families)<\/p>\n<p>Address: 1, Honcho, Toda city, Saitama (8-min walk from <a title=\"todakoen\" href=\"https:\/\/ja.wikipedia.org\/wiki\/%E6%88%B8%E7%94%B0%E5%85%AC%E5%9C%92%E9%A7%85\" target=\"_blank\">Todakoen<\/a> station of<a title=\"saikyo line\" href=\"https:\/\/en.wikipedia.org\/wiki\/Saiky%C5%8D_Line\" target=\"_blank\"> JR Saikiyo Line<\/a>)<\/p>\n<p>Land: 1,047.91 square meters<\/p>\n<p>Floor area: 4,897.28 square meters<\/p>\n<p>Structure: Steel Reinforced Concrete \/ 11 stories above ground + 1 story underground<\/p>\n<p>Coverage: 80%<\/p>\n<p>FAR: 400%<\/p>\n<p>Completion: 1993<\/p>\n<p>Current operation rate: 40\/48<\/p>\n<p>Current annual return: 103,071,600 yen (= 12 months x 8,589,300 yen)<\/p>\n<p>Asking price: 1,500,000,000 yen (to be negotiated)<\/p>\n<p>Yield: approximately 6.8%<\/p>\n<p>Others:\u00a0a nice residential neighborhood north of Tokyo (approximately 30 minutes to Tokyo station by JR), built by\u00a0a famous construction company<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/06\/a-high-yield-apartment-bldg-in-saitama.pdf\">a high-yield apartment bldg. in Saitama<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>All the units on the building are for families, that is, 2-bedroom and 3-bedroom apartments.\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Saitama prefecture&#8217;s population is growing because of its proximity not only to Tokyo but also to local parks and greenery.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Please let us know, if you are interested in the property or have any question or need further informationn about it.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Best regards,<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Minato Asset Management<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Investors: \u00a0 \u00a0 A high-yield apartment building is for sale in a residential neighborhood of Saitama Prefecture. \u00a0 \u00a0 Type: residential (for families) Address: 1, Honcho, Toda city, Saitama (8-min walk from Todakoen station of JR Saikiyo Line) Land: 1,047.91 square meters Floor area: 4,897.28 square meters Structure: Steel Reinforced Concrete \/ 11 stories [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[597,3,4],"tags":[103,96,9,599,571,98,144,314,598],"class_list":["post-2055","post","type-post","status-publish","format-standard","hentry","category-toda-shi","category-tokyo-real-estate-market","category-tokyo-real-estate-view","tag-apartment-building","tag-high-yield","tag-investment","tag-jr-saikyo-line","tag-real-estate-investment-in-japan","tag-real-estate-investment-in-tokyo","tag-saitama","tag-src","tag-toda"],"_links":{"self":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2055"}],"version-history":[{"count":9,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2055\/revisions"}],"predecessor-version":[{"id":2062,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2055\/revisions\/2062"}],"wp:attachment":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}