Investment Opportunity in Central Tokyo: A Well-Maintained Apartment Near Ikebukuro
This property presents a solid investment opportunity in the heart of Tokyo. It is a 1K apartment located on the 8th floor of a 9-story SRC (steel-reinforced concrete) building constructed in June 1981. The unit offers a private balcony of 4.43 square meters with a western exposure and a total interior area of 25.48 square meters (approximately 7.7 tsubo). The building is professionally managed by Kowa Management with on-site daytime management staff and features a total of 25 units.
Currently tenanted, the property generates a projected annual rental income of 1,020,000 yen, yielding an estimated annual return of 5.09%. The owner is planning a change, making this an available investment. The monthly carrying costs include a management fee of 3,930 yen and a repair reserve fund of 9,840 yen. The property comes with a defect insurance guarantee and a performance evaluation. The land is designated for commercial use under the City Planning Act and has clear ownership rights.
