Investment property (apartment building) in Setagaya-ku

Dear Investors,



I surveyed the following investment property with my client last Saturday.



Type: residence

Location: Ohara, Setagaya-ku (8-min walk from Sasazuka station of Keio Line)

Land: 171.9 sq. meters

Floor area: 234.9 sq. meters

Structure: steel / 3 stories

Year built: 1989

Current operation rate: 80% or 4/5

Current return (monthly): 495,000 yen

Current return (annually): 5,940,000 yen

Price: 138,000,000 yen

Others: 14-min walk to Shimokitazawa; 1F (81.54 sq. meters) – 1 x 4-bedroom apartment, 2F (76.68 sq. meters) – 2 x 2-bedroom apartment, 3F (76.68 sq. meters) – 2 x 2-bedroom apartment; covered parking (for one car); and a quiet residential neighborhood



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apartment building for investment in Setagaya-ku



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inside (= 2 tatami rooms on 1st floor)



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inside (looking to a balcony from a western bedroom)



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inside (a 8-mat tatami room)

Please let me know, if you are interested in it.
Best regards,
Minato Asset Management

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Posted in Setagaya-ku, Tokyo real estate market, Tokyo real estate view

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