Prime Apartment Complex Investment in Edogawa City, Tokyo

Address: 5-chōme-18-16 Minamikoiwa, Edogawa City, Tokyo 133-0056

Property Type: Apartment Complex

Price: ¥395,000,000

Yield:

• Gross Yield: 7.79%

Property Details:

• Total Floor Area: 1,259.04㎡
• Land Area: 311.16㎡
• Structure: 7-story steel reinforced concrete
• Year Built: November 1972
• Units: 3 stores, 31 residential units

Location & Accessibility:

• Proximity to Station: 10-minute walk to Koiwa Station (Chuo-Sobu line)

Description: Seize the opportunity to invest in a prime apartment complex located in the thriving Edogawa City of Tokyo. This 7-story building, constructed with steel reinforced concrete, offers a combination of commercial and residential spaces, making it an ideal investment for diversified income streams in Japanese real estate.

The property comprises three stores and thirty-one residential units, spread across a total floor area of 1,259.04㎡ and situated on a land area of 311.16㎡. Built in November 1972, the building has been well-maintained and is strategically located just a 10-minute walk from Koiwa Station on the Chuo-Sobu line. This location provides excellent connectivity to central Tokyo, enhancing the appeal for both residents and investors looking at properties for sale in Edogawa City.

Financial Projections and ROI Calculations:

Gross Yield:

• Annual Rent Income: Gross yield is 7.79%, so annual rent income is calculated as:
  • Annual Rent Income = Property Price * Gross Yield
  • Annual Rent Income = ¥395,000,000 * 0.0779 = ¥30,783,864

Operating Expenses Estimate:

• Assume operating expenses are approximately 20% of gross rental income.
• Annual Operating Expenses: ¥30,783,864 * 0.20 = ¥6,156,773

Net Operating Income (NOI):

• NOI: ¥30,783,864 - ¥6,156,773 = ¥24,627,091

ROI Calculation:

• ROI: (NOI / Property Price) * 100 = (¥24,627,091 / ¥395,000,000) * 100 = 6.24%

Brief Market Report for Edogawa City, Tokyo:

Market Overview: Edogawa City, located in Tokyo, is a highly desirable residential area known for its excellent quality of life and proximity to central Tokyo. The area offers a balanced mix of residential, commercial, and recreational facilities, making it attractive to both residents and investors in the Japanese real estate market.

Transport Links:

• Koiwa Station on the Chuo-Sobu line provides direct access to central Tokyo, making it a popular choice for commuters.
• The efficient transportation network enhances the area's appeal and ensures high demand for rental properties, especially for those looking at Tokyo commuter properties.

Economic Factors:

• Tokyo’s economy is robust, supported by various industries including finance, technology, and services.
• The real estate market in Edogawa City has shown steady growth, with property values appreciating over the years, making it a prime location for real estate investment in Japan.

Rental Market:

• The rental market in Edogawa City is strong, with high occupancy rates and stable rental prices.
• Properties close to transport hubs like Koiwa Station are particularly in demand, minimizing vacancy risks.

Investment Potential:

• Investing in Edogawa City offers significant potential for both capital appreciation and rental income.
• The ongoing development and infrastructural improvements in the area further enhance its attractiveness to investors looking for high yield properties in Japan.

Conclusion:

This apartment complex in Edogawa City, Tokyo, represents an excellent investment opportunity. With a solid gross yield, strong ROI potential, and a prime location near Koiwa Station, it is well-positioned to provide substantial returns. Contact us today for more information and to arrange a viewing.

Please be aware that this property may have already been sold by the time you view it.

Last updated May 24, 2024, 12:13 UTC at 1 USD = 157.069 JPY