Modern Steel-Frame Apartment Building in Tokyo's Meguro Ward

This contemporary apartment building, constructed in December 2018, presents a compelling investment opportunity in the desirable Meguro district of Tokyo. The property features a total floor area of 325.01 sqm (approximately 98.31 tsubo) spread across three above-ground stories, housing a total of ten units. The building sits on a land plot of 218.04 sqm (approximately 65.95 tsubo) within a Quasi-Industrial zone under the Urbanization Promotion Area plan, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is designated for residential use and is currently tenanted, offering immediate rental income.

According to the agent's special notes, the individual unit exclusive (private) areas range from 19.46 sqm to 47.61 sqm, catering to a variety of tenant needs. The structure is built with a sturdy steel frame construction method. The property benefits from a south-facing frontage on an 8-meter wide road and includes on-site parking facilities. The transaction is handled as a general intermediary listing.

The location offers excellent convenience, being just a 10-minute walk from the Gakugei-daigaku Station on the Tokyu Toyoko Line, providing direct access to Shibuya and Yokohama. The surrounding Meguro Honcho area is a quiet, residential neighborhood known for its blend of traditional shops and modern cafes. An interesting local fact is that the nearby Meguro River is famous for its stunning cherry blossom displays in spring, attracting visitors from across the city. The closest major landmark is the historic and picturesque Meguro Gajoen, a complex renowned for its lavish Showa-era architecture and art, often called the "Palace of the Dragon."