Thursday, August 27th, 2009
Dear international investors,
I went to survey an apartment building for investment in Sakado in Saitama Prefecture.
Its main features are as follows.
Price: 68,000,000 yen
Location: Sakado City, Saitama
Station: 10-min walk to Sakado station (Tobu Tojo Line)
Land: 209.86 sq.meters
Total Floor Area: 418.53 sq. meters
Structure: RC / 4 stories
Apartment Type: 15 units (14 x studio + 1 x family unit)
Estimated Yield: 12.0% (monthly revenue: approx. 680,000 yen, anual revenue: approx. 8,160,000 yen)
Built in March 25th, 1998
You may be wondering where Sakado is. It is a suburb northwest of Tokyo and is about 45 mins from Ikebukuro by Tobu Tojo Line. Like other satellite cities of Tokyo, Sakado is growing in number.