Compact Investment Apartment in Arakawa, Tokyo

This studio apartment, located in the vibrant Arakawa Ward of Tokyo, presents a practical investment opportunity. The property is a one-room unit on the 1st floor of a 5-story reinforced concrete (RC) condominium building constructed in July 1985. The unit offers a compact yet functional living space with a wall-core exclusive area of 21.62 sqm (approximately 6.54 tsubo), featuring a 7-tatami mat Western-style room and a 5 sqm balcony facing northwest.

Translated from the agent's notes, the property is equipped with a shower-equipped vanity, a system kitchen, storage space, an air conditioner, a washing machine space, an auto-lock security system, city gas, a water heater, and an elevator. The building is managed by Nice Community Co., Ltd., under a fully delegated management system with a condominium association and a roving superintendent. The current status is tenanted, generating an estimated annual rental income of 696,000 yen, which translates to a projected annual yield of 6.05%. An owner change is scheduled for the year. The transaction is handled as a general intermediary.