Liberty: A Newly Built Investment Apartment Building in Tokyo's Minami-Nagasaki
This property, named Liberty, is a newly constructed five-story apartment building located in Minami-Nagasaki 3-chome, Toshima Ward, Tokyo. It is a turnkey investment opportunity, currently fully leased to a minpaku (private lodging) management company under a two-year contract. The building offers a total of 10 one-room units, with two units per floor, and generates a substantial annual rental income of 11.4 million yen (950,000 yen per month), yielding an attractive capitalization rate of 4.47%.
The building's facilities are comprehensive and modern. It is equipped with city gas, water supply, sewerage, hot water supply, and electricity. Each unit features a dedicated toilet, with the bath and toilet in separate rooms. Additional amenities include a heated toilet seat, shower, and an indoor space for a washing machine. Special notes indicate the road access details: the property fronts a 4-meter wide public road to the northwest, with a paved frontage of 14.7 meters on a one-sided street. A key point is that the necessary set-back construction has already been completed.
The area of Minami-Nagasaki in Toshima Ward is a quiet, predominantly residential neighborhood known for its community atmosphere. An interesting local fact is that the ward is home to the famous Sugamo Jizō-dōri, often called "Harajuku for Grandmas," a bustling shopping street catering to the elderly, which is a short distance away. The closest major landmark is the historic Ikebukuro Gokoku-ji Temple, a serene and culturally significant site with a beautiful five-story pagoda.
