{"id":703,"date":"2009-09-23T13:35:39","date_gmt":"2009-09-23T04:35:39","guid":{"rendered":"https:\/\/blog.realestate-minato.com\/?p=703"},"modified":"2009-09-23T13:43:49","modified_gmt":"2009-09-23T04:43:49","slug":"an-interesting-investment-opportunity-in-ojima-koto-ku","status":"publish","type":"post","link":"https:\/\/blog.realestate-minato.com\/?p=703","title":{"rendered":"an interesting investment opportunity in Ojima (Koto-ku)"},"content":{"rendered":"<p>Dear International Investors,<\/p>\n<p>\u00a0<\/p>\n<p>I surveyed a new apartment building in Ojima in Koto-ku on the other day.\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0Its specifications are as follows:<\/p>\n<p>\u00a0<\/p>\n<p>Price: 130,000,000 yen<\/p>\n<p>Location: 8, Ojima, Koto-ku, Tokyo (8-min walk to Higashiojima station of Metro Shinjuku Line)<\/p>\n<p>Land: 193.27 sq. meters<\/p>\n<p>Floor Area: 228.64 sq meters<\/p>\n<p>Built in: 2008<\/p>\n<p>Coverage: 60%<\/p>\n<p>FAR: 240%<\/p>\n<p>Structure: Wooden (coated with galvanized steel sheet)<\/p>\n<p>\u00a0Annual Income: 9,084,000 yen<\/p>\n<p>Yield: approx. 6.98%<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_736\" aria-describedby=\"caption-attachment-736\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc93.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-736  \" title=\"Excellent Higashi Oshima\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc93.jpg\" alt=\"\u30d0\u30eb\u30b3\u30cb\u30fc\" width=\"600\" height=\"800\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc93.jpg 600w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc93-225x300.jpg 225w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-736\" class=\"wp-caption-text\">Seen from outside<\/figcaption><\/figure>\n<div class=\"mceTemp mceIEcenter\">\n<figure id=\"attachment_739\" aria-describedby=\"caption-attachment-739\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc941.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-739\" title=\"Excellent Higashi-Ojima\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc941.jpg\" alt=\"seen from outside 2\" width=\"600\" height=\"800\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc941.jpg 600w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc941-225x300.jpg 225w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-739\" class=\"wp-caption-text\">seen from outside 2<\/figcaption><\/figure>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_742\" aria-describedby=\"caption-attachment-742\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc951.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-742\" title=\"Excellent Higashi-Ojima\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc951.jpg\" alt=\"seen from outside 3\" width=\"600\" height=\"800\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc951.jpg 600w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e5a496e581b4efbc951-225x300.jpg 225w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-742\" class=\"wp-caption-text\">seen from outside 3<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>The building is attractive for investment because it is new.\u00a0 Currently, it is fully occupied.\u00a0 But one should bear in mind that its value may not be so high as it looks because it is basically wood.\u00a0\u00a0 Also, the neighborhood is residential and quiet with almost all of the apartment buildings there being lower than 5 stories.\u00a0\u00a0 There is a vibrant shopping street along Shinohashi street which is about 5-min walk from the building.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_746\" aria-describedby=\"caption-attachment-746\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e59586e5ba97e8a197.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-746\" title=\"Excellent Higashi-ojima\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e59586e5ba97e8a197.jpg\" alt=\"a local shopping district\" width=\"600\" height=\"800\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e59586e5ba97e8a197.jpg 600w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2009\/09\/e59586e5ba97e8a197-225x300.jpg 225w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><figcaption id=\"caption-attachment-746\" class=\"wp-caption-text\">a local shopping district<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0Koto-ku where Ojima is is an old part of Tokyo.\u00a0 You should visit Koto-ku, if you are interested in old Tokyo.\u00a0 Koto-ku is well connected to other areas of Tokyo by JR Sobu Line, Tokyo Metro Hanzomon Line, Tokyo Metro Tozai Line, and Tokyo Metro Shinjuku Line.\u00a0 Kinshicho is particularly popular and populus with international tourists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear International Investors, \u00a0 I surveyed a new apartment building in Ojima in Koto-ku on the other day.\u00a0 \u00a0 \u00a0Its specifications are as follows: \u00a0 Price: 130,000,000 yen Location: 8, Ojima, Koto-ku, Tokyo (8-min walk to Higashiojima station of Metro Shinjuku Line) Land: 193.27 sq. meters Floor Area: 228.64 sq meters Built in: 2008 Coverage: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219,3,4,1],"tags":[220,143,154,96,9,14,83,153,672,223,189,221,60,224,105,222],"class_list":["post-703","post","type-post","status-publish","format-standard","hentry","category-koto-ku","category-tokyo-real-estate-market","category-tokyo-real-estate-view","category-uncategorized","tag-apartment-for-investment","tag-good-investment-opportunity","tag-hanzomon-line","tag-high-yield","tag-investment","tag-investment-in-tokyo","tag-investment-property","tag-kinshicho","tag-koto-ku","tag-ojima","tag-residential-neighborhood","tag-shinjuku-line","tag-shopping-street","tag-sobu-line","tag-tozai-line","tag-traditional-neighborhood"],"_links":{"self":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/703","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=703"}],"version-history":[{"count":11,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/703\/revisions"}],"predecessor-version":[{"id":749,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/703\/revisions\/749"}],"wp:attachment":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}