Investment Apartment Building in Waseda, Shinjuku

This property is a three-story, multi-unit apartment building constructed in January 2011 by Sekisui House, part of their 'Sha Maison' series known for sound insulation, earthquake resistance, and thermal efficiency. Constructed with heavy steel framing, the building has a total floor area of 162.18 square meters on a land plot of 82.65 square meters. The layout consists of three units, each with a 2DK floor plan, with individual unit sizes ranging from 51.06 to 55.56 square meters.

The property is currently fully occupied with tenants in all three units, generating an estimated annual rental income of 5,124,000 yen, which provides a gross yield of 3.1%. It is important to note that the yield is calculated as the ratio of annual rental income (including common area fees) to the sale price, before deducting taxes and other property maintenance costs. The estimated rent and yield are based on market rates, assuming full occupancy, and do not guarantee future rental income.

The building is located in the Waseda-Tsurumakicho area of Shinjuku Ward, Tokyo. It benefits from access to multiple subway lines, being a 6-minute walk from Waseda Station on the Tokyo Metro Tozai Line, a 9-minute walk from Edogawabashi Station on the Yurakamicho Line, and a 15-minute walk from Kagurazaka Station. The neighborhood is a quiet residential area with a supermarket and convenience store within a 5-minute walk, as well as a nearby elementary school and park. The building faces a public road of approximately 6.6 meters on its south side. Due to the width of the front road, the floor area ratio is restricted to approximately 260%.

The property is being sold with the existing lease agreements in place, meaning the new owner will take over the tenant contracts. The delivery date is negotiable.