Investment Opportunity: Owner-Change Apartment in Shinjuku's Convenient Shimo-Ochiai
This is an owner-change investment property, presenting a turnkey opportunity for investors seeking a stable income stream in a prime Tokyo location. The apartment is currently tenanted, with an annual projected rental income of 792,000 yen, offering a calculated gross yield of approximately 4.52%. The property is a 1DK layout with a total private floor area of 28.34 sqm (approximately 8.57 tsubo). The main living spaces consist of a 6-tatami mat Western-style room and an 8-tatami mat Dining Kitchen area. A key feature is the dual-aspect lighting, providing excellent natural light.
Translated agent notes on equipment and features include: storage space, storage in all rooms, closets, washing machine space, flooring in all rooms, city gas, and a free bicycle parking area. Special notes confirm this is an owner-change property. The building itself is a 4-story reinforced concrete (RC) structure built in December 1981, containing 15 units in total. Management is fully entrusted to a management association, with Nice Community Co., Ltd. serving as the management company. The property includes defect insurance and a performance evaluation.
The location is exceptionally convenient, just a 1-minute walk from Shimo-Ochiai Station on the Seibu Shinjuku Line. It is also within a 12-minute walk from Nakai Station on the Toei Oedo Line and a 15-minute walk from the major JR Yamanote Line hub of Takadanobaba Station. The immediate neighborhood offers daily necessities with several convenience stores and supermarkets like Maruetsu Petit very close by. An interesting fact about the broader Shinjuku area is that it is home to the Tokyo Metropolitan Government Building's observatories, which offer stunning, completely free panoramic views of the city and, on clear days, Mount Fuji. The closest major landmark from this property is the historic and serene Meiji Jingu Shrine, a vast forested Shinto shrine in nearby Harajuku, easily accessible via the JR Yamanote Line.
