Apartment Investment in Tokyo's Kita Ward
This apartment building, located in Kamii-Nakazato 1-chome, Kita Ward, Tokyo, presents a turnkey investment opportunity. The property is an apartment building (Apāto) constructed in August 2016. It is a two-story wooden structure with a total building area of approximately 137.66 sqm (about 41.64 tsubo) situated on a land plot of 149.47 sqm (about 45.21 tsubo). The land is freehold ownership.
The location offers convenient access to public transport, being an 8-minute walk from the JR Keihin-Tohoku/Negishi Line's "Kami-Nakazato" Station and an 11-minute walk from the JR Yamanote Line's "Komagome" Station. The property is within an urban planning area designated as a Category I Medium-to-High-Rise Residential Exclusive Zone, with a building-to-land ratio of 60% and a floor area ratio of 150%.
A critical note from the agent states: "Please contact the person in charge directly. It can be rented out as a whole building for minpaku (private lodging) with no running costs." This indicates the property is currently tenanted but has significant potential for conversion into a short-term rental business without additional operational expenses, making it an attractive option for investors looking at the tourism accommodation sector.
