{"id":2131,"date":"2010-07-17T17:28:58","date_gmt":"2010-07-17T08:28:58","guid":{"rendered":"https:\/\/blog.realestate-minato.com\/?p=2131"},"modified":"2010-07-17T17:32:22","modified_gmt":"2010-07-17T08:32:22","slug":"a-distressed-property-in-a-prime-location-of-tokyo-for-cash-buyers","status":"publish","type":"post","link":"https:\/\/blog.realestate-minato.com\/?p=2131","title":{"rendered":"A distressed property in a prime location of Tokyo for cash buyers"},"content":{"rendered":"<div class=\"mceTemp mceIEcenter\" style=\"text-align: left;\">Dear Investors:<\/div>\n<div class=\"mceTemp mceIEcenter\" style=\"text-align: left;\">Let us introduce you the following investment property in Tokyo.<\/div>\n<p>\u00a0<\/p>\n<p>Type: office, residence<\/p>\n<p>Address: 4, Sendagaya, Shibuya-ku, Tokyo (4-min walk from JR Sendagaya station of Sobu Line)<\/p>\n<p>Land: 189.15 square meters<\/p>\n<p>Floor area: 549.12 square meters<\/p>\n<p>Floor layout: 1F\/ 2 x studio, 2F\/office, 3F\/office, 4F\/ 3-bedroom apartment, 5F\/2-bedroom apartment, &amp; 6F\/ storage + roof terrace<\/p>\n<p>Built in: 1973<\/p>\n<p>Structure: RC \/ 6 stories<\/p>\n<p>Annual return: 7,821,000 yen (as of 7\/17\/2010, only 2F and 3F are rented out)<\/p>\n<p>Asking price: 298,000,000 yen<\/p>\n<p>Others: next to the National Noh Theater, quiet neighborhood, facing south, roof terrace, parking for 2 cars, nice view from the roof terrace, and within a walking distance of 6 train stations (i.e. Sendagaya, Yoyogi, Shinjuku, Harajuku, Kokuritukyogijyo, and Kitasando)<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_2135\" aria-describedby=\"caption-attachment-2135\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2135\" title=\"an investment property across the national noh theater\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-5-300x225.jpg\" alt=\"an investment property across the national noh theater\" width=\"300\" height=\"225\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-5-300x225.jpg 300w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-5-1024x768.jpg 1024w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-5.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-2135\" class=\"wp-caption-text\">an investment property across the national noh theater<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_2136\" aria-describedby=\"caption-attachment-2136\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-8.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2136\" title=\"an investment property across the national noh theater\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-8-300x225.jpg\" alt=\"building's main entrance, studios, and parking\" width=\"300\" height=\"225\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-8-300x225.jpg 300w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-8-1024x768.jpg 1024w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-8.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-2136\" class=\"wp-caption-text\">building&#39;s main entrance, studios, and parking<\/figcaption><\/figure>\n<div class=\"mceTemp mceIEcenter\">\n<figure id=\"attachment_2138\" aria-describedby=\"caption-attachment-2138\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2138\" title=\"an investment property across the national noh theater\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-2-300x225.jpg\" alt=\"neighborhood (the national noh theater's premises are seen on the left)\" width=\"300\" height=\"225\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-2-300x225.jpg 300w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-2-1024x768.jpg 1024w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-2.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-2138\" class=\"wp-caption-text\">neighborhood (the national noh theater&#39;s premises are seen on the left)<\/figcaption><\/figure>\n<\/div>\n<div class=\"mceTemp mceIEcenter\">\n<figure id=\"attachment_2139\" aria-describedby=\"caption-attachment-2139\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-4.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2139\" title=\"an investment property across the national noh theater\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-4-300x225.jpg\" alt=\"seen from afar\" width=\"300\" height=\"225\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-4-300x225.jpg 300w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-4-1024x768.jpg 1024w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b7-4.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-2139\" class=\"wp-caption-text\">seen from afar<\/figcaption><\/figure>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_2145\" aria-describedby=\"caption-attachment-2145\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b72.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2145\" title=\"the national noh theater\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b72-300x225.jpg\" alt=\"the national noh theater\" width=\"300\" height=\"225\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b72-300x225.jpg 300w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b72-1024x768.jpg 1024w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/07\/20100717e58d83e9a784e383b6e8b0b72.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-2145\" class=\"wp-caption-text\">the national noh theater<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0Because the property is distressed with a history of 37 years since its completion, the largest bottleneck for purchase of this property will be mortgage from a lender.\u00a0 And an investor or a buyer will be required to provide much funds.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Location is nice and the value of the land will only increase mostly because of its proximity to major train stations and to pubic parks.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Cultural facilities, such as, <a title=\"national noh theatre of Japan\" href=\"https:\/\/www.ntj.jac.go.jp\/english\/outline\/facilities_03.html\" target=\"_blank\">the national noh theater<\/a>, <a title=\"tokyo metropolitan gym\" href=\"https:\/\/en.wikipedia.org\/wiki\/Tokyo_Metropolitan_Gymnasium\" target=\"_blank\">the Tokyo Gym<\/a>, <a title=\"tokyo national stadium\" href=\"https:\/\/en.wikipedia.org\/wiki\/Olympic_Stadium_(Tokyo)\" target=\"_blank\">the National Stadium<\/a>, and <a title=\"Seitoku Memorial Museum\" href=\"https:\/\/ja.wikipedia.org\/wiki\/%E8%81%96%E5%BE%B3%E8%A8%98%E5%BF%B5%E7%B5%B5%E7%94%BB%E9%A4%A8\" target=\"_blank\">Seitoku Memorial Museum<\/a>, are in the neighborhood.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Please let us know, if you are interested in the property.<\/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: Let us introduce you the following investment property in Tokyo. \u00a0 Type: office, residence Address: 4, Sendagaya, Shibuya-ku, Tokyo (4-min walk from JR Sendagaya station of Sobu Line) Land: 189.15 square meters Floor area: 549.12 square meters Floor layout: 1F\/ 2 x studio, 2F\/office, 3F\/office, 4F\/ 3-bedroom apartment, 5F\/2-bedroom apartment, &amp; 6F\/ storage [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[12,470,630,629,260,9,631,628,632,627,84,98,546,35,62,224,547,200,548],"class_list":["post-2131","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-aoyama","tag-cash-buyer","tag-distressed","tag-gaien","tag-harajuku","tag-investment","tag-kitasando","tag-national-noh-theater","tag-national-stadium","tag-noh","tag-prime-location","tag-real-estate-investment-in-tokyo","tag-sendagaya","tag-shibuya","tag-shinjuku","tag-sobu-line","tag-tokyo-gym","tag-yamanote-line","tag-yoyogi"],"_links":{"self":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2131","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=2131"}],"version-history":[{"count":13,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2131\/revisions"}],"predecessor-version":[{"id":2150,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2131\/revisions\/2150"}],"wp:attachment":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}