Friday, January 8th, 2010
Dear Investors,
We surveyed the following investment property in Ebisu yesterday. It will create interesting investment opportunities largely because it is a relatively new and RC building in a promising location of Tokyo.
Type: office building for investment
Location: Ebisu, Shibuya-ku, Tokyo (7-min walk to Ebisu station of JR Yamanote Line & 9-min walk to Ebisu station of Tokyo Metro Hibiya Line)
Land: 400.85 sq. meters
Floor area: 1,683.64 sq. meters
Coverage: 80%, 60%
FAR: 400%, 300%
Built in: 1993
Structure: SRC / 9 stories + 1 story underground
Other features: a popular comercial, trendy, and international district; and parking for 6 cars
Current Numbers:
Operation rate: 92.1%
Annual return: approximately 136,374,000 yen
Annual expenses: approximately 16,851,000 yen
Asking price: 1,120,000,000 yen
We have a listing of investment properties like this one. Please feel free to contact us, if you are interested in this property or other properties.
We are looking forward to the opportunity to do business with you.
Best regards,
Minato Asset Management
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Posted in Shibuya-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized