Apartment Building Investment Opportunity in Kiyose, Tokyo
This listing presents a 16-unit apartment building constructed in October 1991, located in the Umezono 2-chome area of Kiyose City, Tokyo. The property is a wooden structure standing two stories tall, situated on a land area of 223.75 square meters (approximately 67.68 tsubo) with a total building floor area of 238.48 square meters (about 72.14 tsubo). The land is designated as residential land within a Category I Medium-to-High-Rise Exclusive Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The site is currently tenanted, offering an immediate income stream for a prospective investor.
Critical agent notes have been provided. The 'Special Notes/Remarks on Road Access' detail the property's frontage: it faces a 5-meter wide public road to the west, with no designated position. The 'Remarks 1' section contains vital financial and legal information. It states the estimated annual income, including common area maintenance fees, is 6,108,000 yen, yielding a surface yield of approximately 6.11%. Importantly, the property is sold under the condition of 'as-is, where-is' with a disclaimer of liability for non-conformities in the contract. This means the seller is exempt from responsibility for any defects that do not conform to the contract at the time of sale.
The location offers convenient access via public transport, being a 15-minute walk from Akitsu Station on the Seibu Ikebukuro and Toshima Lines and a 17-minute walk from Shin-Akitsu Station on the Musashino Line. Kiyose City is known for its residential atmosphere with pockets of nature. An interesting local fact is that the city is home to the Kiyose Sunflower Field, a vast seasonal attraction featuring over 100,000 sunflowers that bloom spectacularly in summer, drawing visitors from across the region. The area is also within reasonable proximity to the historic Sayama Hills, a forested region on the border of Tokyo and Saitama known for its walking trails and rich biodiversity.
