Apartment Building Investment Opportunity in Shinagawa, Tokyo

This apartment building, located in the Minami-Oi 1-chome area of Shinagawa Ward, Tokyo, presents a solid investment opportunity. The property is a 5-story reinforced concrete (RC) structure with a basement, built in September 1986. It comprises a total of 10 units and sits on a land area of 84.33 square meters (approximately 25.50 tsubo), with a total building floor area of 264.64 square meters (approximately 80.05 tsubo). The building is currently tenanted.

Key facilities and equipment, as detailed in the agent notes, include city gas, private toilets, separate bath and toilet rooms, and an indoor space for placing a washing machine. A special note regarding road access specifies that the property fronts a 5.5-meter wide public road to the east, with no positional designation required.

The property is situated in a designated quasi-industrial area within an urbanization promotion zone. The building coverage ratio is 60% with a floor area ratio of 300%. The land is flat and classified as residential land. There is no parking included with the property.

The location offers excellent transportation access. It is just a 5-minute walk from Tachiaigawa Station on the Keikyu Main Line, a 10-minute walk from Tokyo Monorail's Oi Keibajo Mae Station, and a 14-minute walk from Omori Kaigan Station, also on the Keikyu Main Line. This connectivity provides easy access to central Tokyo and Haneda Airport.

The Minami-Oi area is a vibrant, mixed-use district in southern Tokyo. An interesting local fact is its proximity to the Oi Racecourse, a major horse racing venue that has been a part of the area's identity for decades. For tourists and residents alike, a major nearby landmark is the historic Shinagawa Shrine, a serene Shinto site with a history dating back over a thousand years, offering a peaceful retreat from the urban environment.