Investment Building in Yokohama's Nishi Ward
This six-story reinforced concrete building is located in Kubo-cho, Nishi Ward, Yokohama City, Kanagawa Prefecture. Constructed in April 1992, the property offers a total floor area of 731.52 square meters on a land area of 206.51 square meters. The building is zoned for commercial use with a building coverage ratio of 80% and a floor area ratio of 400%.
The property is currently tenanted and includes six units, all of which are occupied as of June 2026. The layout is described as 1K. Parking is available with 17 mechanical spaces and one surface-level space. The estimated annual rental income, including parking revenue of 3,484,800 yen per year, is 19,388,172 yen at full occupancy, representing a gross yield of 5.4% based on the asking price. The yield is calculated before deducting property taxes and other maintenance costs. It is important to note that rental income is not guaranteed into the future.
The building is a four-minute walk from Nishi-Yokohama Station on the Sagami Railway Main Line. The property is being sold with existing lease agreements in place, requiring the new owner to take over the current tenant contracts. The transaction type is a brokerage arrangement, and the handover date is negotiable.
