Compact Investment Apartment in Tokyo's West
This property is a compact 1K apartment located on the second floor of a five-story reinforced concrete building with one basement level, constructed in January 2006. The unit offers a wall-core exclusive area of 18.52 square meters (approximately 5.6 tsubo) and includes a 3.13 square meter balcony. The monthly management fee is 11,300 yen, and there is no repair reserve fund. The building is managed by Japan Housing Corporation under a fully delegated, patrol-based system with a management association in place.
Currently tenanted, this apartment presents an investment opportunity with a projected annual rental income of 744,000 yen and an estimated yield of 5.13%. The sale price is 14.5 million yen. The property is situated in a Quasi-Residential Zone and comes with defect insurance. The transfer timing is negotiable, and this is an owner-change sale. The agent notes specify that the floor plan takes precedence over the current condition.
