Wednesday, April 14th, 2010
We surveyed the following investment property this morning. Its details are:
Location: Higashikamata, Ota-ku (5-min walk from Umeyashiki station of Keikyu Line)
Land: 86.37 sq. meters
Floor area: 103.11 sq. meters
Structure: wood / 2 stories
Built in: 2007
Current operation rate: 100% or 6/6
Annual return: 5,088,000 yen
Price: 50,000,000 yen
The building is in a fair condition and is in a quiet residential neighborhood east of route 15 connecting Yokohama and Tokyo. But the atmosphere of the neighborhood is not so good largely because of old houses, apartment buildings, restaurants, and factories.
Please let us know, if you are interested in it.
Minato Asset Management