Prime Apartment Complex Investment in Ota City, Tokyo

Address: 4-chōme-9-11 Nishirokugo, Ota City, Tokyo 144-0056

Property Type: Apartment Complex

Price: ¥200,000,000

Yield:

• Current Gross Yield: 5.43%
• Full Room Yield: 6.88%

Property Details:

• Total Floor Area: 529.95㎡
• Land Area: 329.92㎡
• Structure: 3-story lightweight steel-framed structure with galvanized steel sheet roof
• Year Built: October 1986
• Units: No detailed unit information available

Location & Accessibility:

• Proximity to Station: 7-minute walk to Rokugodote Station (Keikyu Main Line)

Description: Invest in a well-located apartment complex in the vibrant Ota City, Tokyo. This 3-story building, constructed with a lightweight steel frame and a galvanized steel sheet roof, provides a robust and durable structure ideal for residential use. The property spans a total floor area of 529.95㎡ on a land area of 329.92㎡, offering ample space for tenants.

Situated just a 7-minute walk from Rokugodote Station on the Keikyu Main Line, this apartment complex benefits from excellent transport links, making it highly attractive to commuters and city dwellers. The proximity to central Tokyo enhances its appeal to both residents and investors interested in Japanese real estate.

Financial Projections and ROI Calculations:

Current Gross Yield:

• Annual Rent Income: Current gross yield is 5.43%, so annual rent income is calculated as:
  • Annual Rent Income = Property Price * Gross Yield
  • Annual Rent Income = ¥200,000,000 * 0.0543 = ¥10,860,000

Full Room Yield:

• Potential Annual Rent Income: Full room yield is 6.88%, so potential annual rent income is calculated as:
  • Potential Annual Rent Income = Property Price * Full Room Yield
  • Potential Annual Rent Income = ¥200,000,000 * 0.0688 = ¥13,760,000

Operating Expenses Estimate:

• Assume operating expenses are approximately 20% of gross rental income.
• Current Annual Operating Expenses: ¥10,860,000 * 0.20 = ¥2,172,000
• Potential Annual Operating Expenses: ¥13,760,000 * 0.20 = ¥2,752,000

Net Operating Income (NOI):

• Current NOI: ¥10,860,000 - ¥2,172,000 = ¥8,688,000
• Potential NOI: ¥13,760,000 - ¥2,752,000 = ¥11,008,000

ROI Calculation:

• Current ROI: (Current NOI / Property Price) * 100 = (¥8,688,000 / ¥200,000,000) * 100 = 4.34%
• Potential ROI: (Potential NOI / Property Price) * 100 = (¥11,008,000 / ¥200,000,000) * 100 = 5.50%

Brief Market Report for Ota City, Tokyo:

Market Overview: Ota City, located in Tokyo, is a highly sought-after residential area known for its convenient access to central Tokyo and excellent quality of life. The area is popular among families and professionals, offering a mix of residential, commercial, and recreational facilities.

Transport Links:

• Rokugodote Station on the Keikyu Main Line provides direct access to major hubs in Tokyo, making it a preferred choice for commuters.
• The efficient transportation network ensures high demand for rental properties, particularly those near transport links.

Economic Factors:

• Tokyo's economy is diverse and robust, supported by industries such as finance, technology, and services.
• The real estate market in Ota City has shown consistent growth, with property values appreciating steadily, making it a prime location for real estate investment in Japan.

Rental Market:

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

Investment Potential:

• Investing in Ota 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 Ota City, Tokyo, represents an excellent investment opportunity. With a solid gross yield, strong ROI potential, and a prime location near Rokugodote 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, 12:29 UTC at 1 USD = 157.088 JPY