Compact Investment Apartment in Tokyo's Convenient Nishi-Ochiai
This listed property is a compact 1K apartment located on the 1st floor of a 4-story reinforced concrete (RC) building in Nishi-Ochiai, Shinjuku Ward, Tokyo. The unit offers a total floor area of 18.64 sqm (approximately 5.63 tsubo) with a south-facing balcony measuring 3.77 sqm. The layout consists of one 6-tatami mat Western-style room and a 1-tatami mat kitchen area.
Key equipment and features of the apartment include a dedicated toilet, shower, washbasin, system kitchen, storage space, closet, air conditioning, indoor washing machine space, flooring, city gas, water supply, sewerage, hot water supply, and an elevator in the building. The exterior of the building features tile siding. Special notes indicate an owner change is in process, and pets, as well as use for office purposes, are not permitted. The transaction mode is exclusive dedicated agency.
The property is currently tenanted, generating an estimated annual rental income of 720,000 yen, which translates to a projected yield of 4.50%. The transfer timing is negotiable. The building itself was constructed in August 1994 and contains a total of 21 units. Management is fully entrusted to Sky Service Co., Ltd., with a巡回 (rotating) management style and a management association in place.
The location is highly convenient for public transport, being within an 8-minute walk from Seibu Shinjuku Line's Araiyakushi-mae Station and a 14-minute walk from the Toei Oedo Line's Ochiai-minaminagasaki Station. The area of Nishi-Ochiai offers a quiet residential atmosphere while being well-connected. An interesting local fact is that the nearby Araiyakushi-mae area is named after the historic Araiyakushi Temple, known for its healing waters. The closest major landmark is the expansive Shinjuku Gyoen National Garden, a stunning blend of traditional Japanese, English landscape, and French formal gardens, located just a few train stops away.