Compact Investment Apartment in Naka-no, Tokyo
This property is a 1K layout apartment located on the 4th floor of a 4-storey reinforced concrete (RC) building named "Pale Holmes Tori-tsu Kasei". The unit has a wall-core exclusive area of 19.1 sqm (approximately 5.77 tsubo) and includes a balcony of 2.81 sqm. The building was constructed in July 2005 and contains a total of 21 units. The management is fully entrusted to a management association, with Japan Housing Inc. serving as the management company. The property is currently tenanted, offering an estimated annual rental income of 876,000 yen and a projected annual yield of 5.15%. The transfer timing is negotiable. The property includes a balcony. The transaction form is exclusive agency.
The apartment is situated in a neighborhood commercial zone. The property comes with defect insurance and equipment warranty. The floor plan takes priority over the current condition. The responsible agent is Sasaki Hirokazu.
The location in Nakano Ward's Wakamiya 3-chome offers excellent access, being just a 3-minute walk from Toritsu-Kasei Station on the Seibu Shinjuku Line and an 8-minute walk from Saginomiya Station on the same line. The area is a vibrant residential district known for its blend of traditional shopping streets and modern convenience. An interesting local fact is that Nakano is famous for the Nakano Sun Plaza, a concert hall and hotel complex that has hosted numerous international music acts since the 1970s. The closest major landmark is the historic and beautiful Zenpuku-ji Temple, a significant Jodo Shu Buddhist temple with serene grounds, located a short distance away.
