Compact Investment Apartment in Inagi City, Tokyo
This property is a studio apartment (one-room) located on the 3rd floor of a 4-story reinforced concrete (RC) building constructed in June 1988. The apartment has a wall-core exclusive area of 17.5 sqm (approximately 5.29 tsubo) and includes a 2.9 sqm balcony with a primary exposure to the northwest. The building, named "Emigrant Tama River," contains a total of 36 units and is managed by a homeowners' association with full outsourcing to a management company, Kokudo Management Co., Ltd., which provides periodic inspections.
Key features and equipment include a building structure that has undergone a performance evaluation and comes with defect insurance and equipment warranties. Special notes indicate an owner change is scheduled, and the property is currently tenanted. The projected annual rental income is 420,000 yen, offering an estimated annual yield of 12%. The monthly management fee is 14,040 yen, and there is no repair reserve fund. The transaction is handled as a general intermediary.
The apartment is situated in a quiet residential area of Inagi City, Tokyo, within the Second Category Residential Zone. It offers excellent access to public transport, being just an 8-minute walk from Yanokuchi Station on the Nambu Line and approximately 17 minutes from Keio Yomiuri Land Station on the Keio Sagamihara Line. The area is known for its proximity to natural greenery and the Tama River. A major nearby attraction is the Yomiuri Land amusement park, a popular destination for families and thrill-seekers featuring roller coasters, a swimming pool, and seasonal illuminations.