Are you looking for real-estate for sale in Japan?

Dear Investors,

 

I went to view two apartment buildings in Saitama City this afternoon.  Their details are as follow:

 

(building 1)

Price: 42,000,000 yen

Location: Minuma-ku, Saitama City (7-min walk from Higashi Omiya station of JR Tohoku Line)

Land: 183.07 sq. meters

Floor area: 166.08 sq. meters

#units: 10

Year Built: 1987

Structure: wood / 2 stories

Coverage 60%

FAR: 200%

Annual return: 4,356,000 yen

Current operation rate: 100%

Yield: 10.37%

 

(building 2)

Price: 33,000,000 yen

Location: Minuma-ku, Saitama City (5-min walk from Higashi Omiya station of JR Tohoku Line)

Land: 140.00 sq. meters

Floor area: 131.04 sq. meters

#units: 8

Year Built: 1987

Structure: wood

Coverage: 60%

FAR 200%

Annual return: 3,456,000 yen

Current operation rate: 88%

Yield: 10.47%

 

 

 

Saitama is a satellite city of Tokyo Metropolis whose population is over 20 million.  It is conveniently located in north of Tokyo; and many families, company employees, students, and international people live in the city and surrounding areas.