Investment Apartment Building in Adachi-ku, Tokyo
This property is a three-storey wooden apartment building located in the Higashi-Ayase 1-chome area of Adachi-ku, Tokyo. Constructed in April 2023, the building offers a total floor area of 299.93 square meters on a land plot of 211.51 square meters. The property is zoned for Category 1 residential use and has a building coverage ratio of 60% and a floor area ratio of 300%. The land is situated on a sloping site and fronts a 12-meter-wide public road to the east, with no specific designation for building line.
The building comprises a total of 14 residential units and is currently tenanted, being sold as an owner-change property. The expected annual income, including common area fees, is 12,180,000 yen, representing a gross yield of 5.08%. The sale is conducted on an as-is basis, with the property being sold based on the official registry, and the seller disclaims liability for any contractual non-conformity. The property has a private road area and includes parking facilities. The completion date for transfer is negotiable.
