Saturday, January 30th, 2010
I surveyed the following investment property this afternoon. Its details are as follow:
Type: shop (currently a karaoke bar) + residence
Location: Higashinakano, Nakano-ku, Tokyo (2-min walk from Higashinakano station of JR Sobu Line & Metro Oedo Line)
Land: 86.47 sq. meters
Floor area: 185.30 sq. meters
Year built: 1986
Structure: RC / 4 stories
Current operation rate: 100% or 7/7
Annual return: 6,360,000 yen
Price: 120,000,000 yen
Others: well maintained, within a walking distance of Shinjuku, a nice view from the roof balcony, 1 x retail + 5 x studio + 1 x 3-bedroom apartment
The property is on east side of Higashinakano station. Higashinakano is self-sufficient. You can find almost all groceries and daily necessities in the town.
Please feel free to contact us at any time, if you are interested in the property or need any further information about it.
Minato Asset Management