Lions Mansion Hatsudai 3: A Central Tokyo Investment Opportunity
This property is a 2DK apartment located on the 3rd floor of an 11-story building (with one basement level) in the sought-after Shinjuku ward of Tokyo. The building, Lions Mansion Hatsudai 3, was constructed in January 1983 by Nankai Construction Co., Ltd. and features a sturdy steel-reinforced concrete (SRC) structure. The unit itself offers a wall-core exclusive area of 39.37 sqm (approximately 11.9 tsubo) and includes a 5.16 sqm balcony with eastern exposure for morning light.
Translated from the agent's notes, the property is currently tenanted, providing an immediate rental income stream. The annual projected rental income is 1.68 million yen, with an estimated yield of 4%. The management is fully entrusted to a professional company, Life Port Seiyo Co., Ltd., with a daytime superintendent. Key building equipment includes an elevator. Special notes indicate an owner change is scheduled, and the property comes with defect insurance and a performance evaluation warranty. The transaction method is exclusive agency.
