Investment Opportunity in Minami-Nagasaki: A Newly Built Apartment Building
This property is a five-story reinforced concrete apartment building located in Minami-Nagasaki 3-chome, Toshima City, Tokyo. The building was completed in March 2026, making it a brand-new investment asset. It offers a total floor area of 316.85 square meters on a land area of 96.61 square meters.
The building contains 10 units, each with a 1K layout. Individual unit sizes range from 17.27 square meters to 38.04 square meters. The property is currently tenanted, with 7 out of 10 units occupied. The annual estimated rental income at full occupancy is 16,740,000 yen, yielding an estimated return of 4%.
Important notes from the listing: The yield is calculated as the ratio of annual rental income (including common area fees, etc.) to the sale price, and is before deduction of property taxes, public dues, and other costs necessary for maintaining the property. The estimated rent and yield are calculated based on market rent levels, adding rent for vacant units assuming full occupancy. Rental income is not guaranteed to be obtained reliably in the future. (Survey date: May 21, 2026). The property is currently leased, and the lease agreement must be taken over by the new owner.
The building is situated along Tokiwaso Street. It is a 7-minute walk from Ochiai-minami-nagasaki Station on the Toei Oedo Line and a 12-minute walk from Shiinamachi Station on the Seibu Ikebukuro/Toshima Line, providing access to two or more train lines.