Compact Investment Condominium in Nakano, Tokyo
This property is a 1K studio apartment located on the third floor of a four-story reinforced concrete building with a basement. The unit offers a compact yet functional living space with a wall-core exclusive area of 17.95 sqm (approximately 5.42 tsubo), featuring a 6-tatami mat Western-style room and a 3.24 sqm balcony facing southeast for natural light. The building, Daiya Palace Numabukuro, was constructed in March 1988 and contains a total of 20 units. It is managed by Tokyu Community Co., Ltd. on a fully-consigned, patrol basis with an active management association.
Key equipment and features include a bicycle parking area available free of charge. Special notes indicate an owner change is scheduled for the year. The property is currently tenanted, generating an estimated annual rental income of 720,000 yen, which translates to a projected yield of 10%. The transaction is handled as a general intermediary. The layout diagram is provided for reference, but the actual current condition takes precedence.
