Friday, March 26th, 2010
Dear Investors:
We surveyed the following property today.
Type: residential
Location: Sanno, Ota-ku, Tokyo (12-min walk to Omori station of JR Keihintohoku Line)
Land: 610.18 sq. meters
Floor area: 1,458.58 sq. meters
Structure: RC / 5 stories
Year built: 1988
Current operation rate: 22 / 24
Annual return (@100%): 40,064,376 yen
Asking price: 480,000,000 yen
Yield: 8.35%
Please let us know, if you are interested in the property.
Best regards,
Minato Asset Management
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