Okubo, Shinjuku-ku: 1R investment apartment with a tenant 21M JPY
Price : 21,000,000 JPY
Gross return : 5.14 %
Okubo 1-chome, Shinjuku-ku, Tokyo
3 min walk from Higashi-Shinjuku Station (Toei Oedo Line)
1R, 20.03 ㎡ (4th floor)
Reinforced concrete, built 1979
Suggestions
Shinjuku-Area Investment Unit, 3 min to Higashi-Shinjuku
This 4th-floor unit is in an 88-unit building in Okubo, Shinjuku-ku, a 3-minute walk from Higashi-Shinjuku Station on the Toei Oedo Line. It faces southeast, and the building has an auto-lock entrance, elevator and coin laundry. Shin-Okubo and Kabukicho are close by, and rental demand is high. The gross return is 5.14%. Please feel free to contact us by phone or email.
Property Details
| Property name | Shinjuku Flower High Home, Unit 402 |
| Location | Okubo 1-chome, Shinjuku-ku, Tokyo |
| Access | 3 min walk from Higashi-Shinjuku Station (Toei Oedo Line) 8 min walk from Seibu-Shinjuku Station (Seibu Shinjuku Line) 12 min walk from Shin-Okubo Station (JR Yamanote Line) |
| Price | 21,000,000 JPY |
| Gross Return | 5.14% (annual rent 1,080,000 JPY) |
| Year | Built in October 1979 (47 years old) |
| Management fee | 7,440 JPY / month |
| Repair Fund | 6,600 JPY / month |
| Floor map | 1R |
| Structure | Reinforced concrete, 9 floors above ground and 1 below; unit on the 4th floor (88 units in total) |
| Land size | 823.45㎡ (entire site, registered) |
| Floor area | 20.03㎡ (wall-center measurement) |
| Zoning | Commercial district / Category 1 residential district |
| Land rights | Freehold |
| Building coverage ratio | 80% |
| Floor area ratio | 600% |
| Features | ・Southeast-facing ・Auto-lock entrance ・Elevator ・Coin laundry |
| Current status | Tenanted (monthly rent 90,000 JPY) |
| Legal restrictions | Please contact us |
| Remarks | ・Transaction type: brokerage ・The building was approved before 1981 (old earthquake-resistance standard) ・The gross return is based on the current rental income ・If the listing differs from the actual condition, the actual condition prevails |
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