Investment Property in Kawaguchi City, Saitama Prefecture
This property is a multi-unit residential building located at 4-chome, Totsuka Higashi, Kawaguchi City, Saitama Prefecture. The building is a three-story steel-framed structure completed in June 2002, comprising a total of 12 units. The land area is 165.29 square meters (approximately 50.00 tsubo), and the total floor area is 238.47 square meters (approximately 72.13 tsubo). The property is currently tenanted and is being sold as an owner-change investment.
The building sits on a corner lot with two road frontages: a 4-meter-wide road to the west with a 10-meter frontage, and a 6-meter-wide road to the south with a 14-meter frontage. There are no specific road position designations for either side. The property is located in a Category 2 Medium-to-High-Rise Residential Zone, with a building coverage ratio of 60% and a floor area ratio of 200%.
According to the agent notes, the estimated annual income including common area fees is 7,758,000 yen, representing a gross yield of 6.5%. The property is sold in its current condition under an as-is agreement, with no warranty for contractual non-conformity. The property is within walking distance of both Higashi-Kawaguchi Station on the Musashino Line (24 minutes) and Tozuka-Anyo Station on the Saitama Railway (24 minutes).
