TK Building: A Prime Investment Apartment Building in Tokyo's Ota Ward
This TK Building is a six-unit apartment building constructed in January 1972, offering a solid investment opportunity in the well-connected Ota Ward of Tokyo. The property is currently fully occupied, providing immediate rental income. The building spans a total floor area of approximately 301.06 square meters (about 91.07 tsubo) on a land plot of 76.27 square meters (about 23.07 tsubo). Its structure is reinforced concrete (RC), and it stands six stories above ground.
The property comes with a comprehensive set of facilities, as detailed in the agent notes. These include city gas, air conditioning, hot water supply, private toilets, separate bath and toilet areas, an indoor space for washing machine placement, security cameras, and a bicycle parking area. Special notes on road access specify that the property fronts a 35-meter wide public road to the east, with a frontage of 14.5 meters, providing excellent accessibility.
Critical remarks from the agent provide essential context for potential investors. It is explicitly noted that while the building is currently fully occupied, there is no guarantee that the projected annual rental income will be reliably obtained. The projected yield is calculated before the deduction of taxes, public charges, and other necessary expenses for maintaining the property. As this is an owner-change property, the condition is the takeover of the existing lease agreements. The seller has specified a judicial scrivener for the transaction. Regarding building condition surveys, the seller has no plans to conduct one, and the buyer is not permitted to conduct their own. An additional revenue stream is available through the use of the rooftop for signage.
The TK Building is situated in the Tamagawa 1-chome area of Ota Ward, a residential district with convenient access to central Tokyo. The location is served by multiple train lines, including the Tokyu Tamagawa Line's Yaguchi-no-watashi Station (a 4-minute walk), Musashi-Nitta Station (a 9-minute walk), and the Tokyu Ikegami Line's Hasunuma Station (a 13-minute walk). An interesting local fact is that the area is named after the Tamagawa River, which forms part of Tokyo's southwestern boundary and has historically been a vital water source and transportation route. The closest major landmark is the historic Ikegami Honmon-ji Temple, a significant Buddhist temple complex founded in the 13th century, located a short train ride away.
