High Yeild Property In Gunma

Hi everyone!

Today’s property is a high yield in Gunma!

Please check the details below.

Name: Towa City Corp Shin-Maebashi (藤和シティコープ新前橋)

Price: 3,000,000 Yen ≒  21,418usd 

Size: 20.70 sqm ≒  222 sqf

96 usd/sqf

Address: 群馬県前橋市古市町203-1

Google map:  https://goo.gl/maps/xDj6dCcYUUJ6KbLn6

Access:  8 mins walk to Shinmaebashi station (新前橋駅)

Structure: Reinforced Concrete

Land Rights: Freehold

Number of total units: 130

No.of Floor: 7F

Unit Floor: 7F  Top Floor 

 Unit Number:#712

Built Year: May 1992

Building Management/Maintenance Fee: 10,320 yen/month

Type of unit: 1K

Size: 20.7 sqm 

Balcony: 4.20 sqm

Facing: Northeast

Occupancy: Tenanted

Rent: 35,000 Yen/ Month

Other: Elevator, Auto-lock, Space for washing machine 

(Detail of lease contract)

Rented by a company.
The tenant is an employee of the company.

The lease contract has started since July 2017 and it is 2 year renew.

Rent guarantee company: It is included in the lease contract.


Please click the link below to see some photos of other rooms in the same apartment for your reference


(Calculation table)

In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.

I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.

If you are interested in this property, please inquire me as soon as you can!!

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