GRIGIA Sakuragicho: A Modern Investment Apartment Building in Yokohama
This property is a newly constructed, five-story reinforced concrete apartment building named GRIGIA Sakuragicho, located in Isecho 2-chome, Nishi Ward, Yokohama City, Kanagawa Prefecture. Completed in April 2025, it represents a contemporary investment opportunity with a total building area of 360.38 sqm (approximately 109.01 tsubo) on a land area of 108.75 sqm (approximately 32.89 tsubo). The building comprises 14 units in a 1K layout, with individual unit sizes ranging from 15.93 sqm to 24.02 sqm.
Key features include convenient access to multiple train lines, with Toei Station (Keikyu Main Line) an 8-minute walk away, Takashimacho Station (Yokohama Municipal Subway Blue Line) a 12-minute walk, and Sakuragicho Station (JR Keihin-Tohoku/Negishi Line) a 14-minute walk. The building is equipped with an auto-lock system featuring facial recognition and a parcel delivery box for enhanced security and convenience.
Critical agent notes provide essential investment details. The property is currently tenanted, and the lease agreements are to be taken over by the new owner. The projected annual rental income at full occupancy is 14,136,000 yen, with an assumed yield of 3.5%. It is crucial to note that the yield calculation is based on the annual rental income (including common area fees) relative to the sale price, and is presented before the deduction of taxes, public charges, and other necessary maintenance expenses for the property. Furthermore, the projected rent and yield are calculated based on market rents, adding estimated rent for any vacant units to simulate full occupancy. Importantly, rental income is not guaranteed to be reliably obtained in the future. (Survey date: As of March 21, 2026).
The area of Nishi Ward is a vibrant part of Yokohama, blending business and residential life with easy access to the city's major hubs. An interesting local fact is that the nearby Sakuragicho station area was historically a major center for the silk trade in the late 19th century, contributing to Yokohama's development as an international port. The closest major landmark is the iconic Yokohama Landmark Tower, one of Japan's tallest buildings, offering spectacular views from its Sky Garden observatory and forming the centerpiece of the Minato Mirai 21 waterfront district.
