Investment Multi-Unit Building in Kawaguchi City
This property is a three-storey steel-frame multi-unit building located in the Kami-Aoki 5-chome area of Kawaguchi City, Saitama Prefecture. The building offers a total floor area of 263.64 square meters on a land plot of 145.46 square meters. Constructed in June 1995, the property is classified as an owner-change (オーナーチェンジ) investment opportunity, meaning the current lease agreements will be transferred to the new owner.
The building comprises a total of six units with the following breakdown: two 1LDK units, two 2DK units, and two office spaces. The individual unit sizes range from approximately 40 to 42 square meters. The property is currently tenanted, providing immediate rental income. The annual estimated rental income for the property when fully occupied is 6,432,000 yen, yielding an estimated return of 7.3% based on the sale price. Please note that this yield is calculated as the ratio of annual rental income (including common area fees, etc.) to the sale price, before deducting property taxes and other necessary maintenance costs. The estimated rent and yield are calculated based on market rent levels and assume full occupancy by adding rent for vacant units. It is not guaranteed that this rental income will be consistently obtained in the future. (Survey date: May 15, 2026).
The property is situated on a corner lot, facing a public road of approximately 6 meters to the south and another public road of approximately 4 meters to the northeast. The building coverage ratio is 60% and the floor area ratio is 200%. The land is designated as residential land within an industrial zone and is part of an urbanization promotion area. The property benefits from a location with access to multiple transportation options, including a 17-minute walk to Hatogaya Station on the Saitama Rapid Railway Line, and bus services to Warabi Station on the Keihin-Tohoku/Negishi Line. A notable feature is the southwest-facing aspect, providing good views of the nearby river. Conveniently, the Aeon Mall Kawaguchi is approximately a 12-minute walk away.
