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375,000,000 JPY

Apartment Building in Iwatsuki-ku,Saitama-shi, Saitama

27

3059 m² (32931 sqft)

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

Description

It is a one-building condominium that underwent extensive renovation work in 2015 and has a very clean yield of 7.97%.
The nearest station, Iwatsuki Station on the Tobu Noda Line, is 10 minutes from the terminal station JR Omiya, 30 minutes from here to Ueno, and 40 minutes from Shinjuku, and is an area with high rental demand as a commuter town.
This property also has 26 out of 27 rooms in operation, with high occupancy throughout the year.
The estimated appraised value is 330 million yen, making it a highly liquid property that is easy for domestic investors to purchase.
This is a recommended property, so please feel free to contact us.

Property Details

Property Code: S0006895

Agency Property Code : A00010

Location

Iwatsuki-ku, Saitama-shi, Saitama

Transportation

Tōbu Noda Line Iwatsuki Station. 8min walk

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

Remark

Map View

Date Updated

Oct 3, 2023

Next Update Schedule

Sep 25, 2023

Listing provided by

Towntier LLC.

We are a real estate agency in Japan, and we mainly own high-quality investment properties and residential properties in Tokyo, Osaka, Aichi...

Number of Units：149 Properties

Agent Location：All over Japan

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