Compact Investment Condominium in Nerima, Tokyo
This property is a studio apartment (One Room) located on the 2nd floor of a 5-story reinforced concrete (RC) condominium building constructed in March 1984. The unit has a wall-core exclusive area of 17.84 sqm (approximately 5.39 tsubo) and includes a balcony of 2.54 sqm with primary sunlight exposure from the east. The building is managed by a homeowners' association with full outsourcing and daytime management staff. Key building facilities include a bicycle parking area (monthly fee of 300 yen) and a motorcycle parking area is unavailable (monthly fee would be 1,000 yen).
Special notes from the agent indicate this is an owner-change situation. The property has specific usage conditions: pets are not allowed, and it cannot be used for office purposes. It is currently tenanted, generating a projected annual rental income of 648,000 yen, which results in a projected annual yield of 7.19%. The transaction method is exclusive agency. The floor plan provided prioritizes the current condition of the property.