• Yield 8.0%

¥375,000,000

Iwatsuki-ku, Saitama-shi, Saitama

27Units

3059 m² 32931 sqft

Property Type :
Apartment Building
Gross Yield :
7.97%
Estimated Annual Rental Income :
¥29,919,216

Transportation

Tōbu Noda Line Iwatsuki Station. 8min walk

Description

Large-scale repairs were carried out in 2015 and this is a very clean apartment building with a yield of 7.97%.
The nearest station is Iwatsuki Station on the Tobu Noda Line, which is a 10-minute walk from JR Omiya, a terminal station, and from there it is 30 minutes to Ueno and 40 minutes to Shinjuku, making the area a commuter town with high rental demand.
This property also has 26 of the 27 rooms in operation, with high occupancy rates throughout the year.
With an estimated assessed value of 330 million yen, it is a highly liquid property that is easy for domestic investors to purchase.
This is a recommended property, so please do not hesitate to contact us.

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Property Details

Building area
3059.43 m²(32931 sqft)
Floors
3 floors above ground and 1 floor below
Exclusive area
Land Size
1802.16 m² (19398 sqft)
Land Rights
Ownership
Total Units
27 Units
Year Built
Sep, 1991
Structure
RC
Status
Rented
Available From
Ask
Parking Space
Available
Connecting Roads
East: Width about 7.0m (Public roads)
Building Coverage Ratio
60%
Floor Area Ratio
200%
City Planning
Urbanization promotion areas
Land Category
residential areas
Land Use Zoning
Category 2 residential districts
National Land Use Planning Act
No notification required
Type of Transaction
Open Listing Agreement

Map

Date Updated :

Apr 19, 2024

Next Update Schedule :

Sep 25, 2023

Property Code:

S0006895

Agency Property Code :

A00010

Listing Agent