Investment Apartment Building in Higashimurayama, Tokyo
This property is a light-gauge steel apartment building located at 2-chome, Aoba-cho, Higashimurayama City, Tokyo. Constructed in August 1978, the building stands two stories high and offers a total floor area of 142.04 square meters. The land size is 257.02 square meters, with a freehold title. The property sits on flat land within a Category 1 Low-rise Exclusive Residential District, with a building coverage ratio of 50% and a floor area ratio of 100%.
The building is currently tenanted, making it an owner-change property where the existing lease agreements are to be taken over. The current annual income is 3,216,000 yen, which includes common area fees and parking income. The current gross yield is 7.67%. The property features four parking spaces on the site, though availability depends on vehicle type. The projected rent listed in the system is for the rent only and does not include common area fees or parking income.
The property has road frontage on two sides (excluding corner lot). On the northeast side, it faces a 6.3-meter wide public road with no designated position. On the northwest side, it faces a 4-meter wide private road with a designated position. The property is approximately a 30-minute walk from Higashimurayama Station on the Seibu Shinjuku Line.
