Good property for investment in Japan
Hi everyone.
Today’s listing is that you can aim for capital gain in the future once the current tenant moves out!
Also, you can have a stable rental income as long as the current tenant stays there.
Please take a look at the detail below.
(Sale Record)
The other same size of today’s property was sold at 10.8M Yen on Oct 27th, 2020 as shown in the attached picture below.
(Good point of this building)
Very well maintained and managed.
Here is the repair history so please check it.
Please check the details below.
Name: Daia Paresu Omotecyo (ダイアパレス表町）
Price: 7,900,000 Yen
Address: 新潟県長岡市表町3-3-3
What is 長岡市(Nagaoka city) about?
https://en.wikipedia.org/wiki/Nagaoka,_Niigata
Google map: https://goo.gl/maps/Zv2zstJJwN2vuZ1B6
Access: 7 min walk to Nagaoka station (長岡駅）
Structure: Reinforced Concrete
Land Rights: Freehold
Number of total units: 86
No.of Floor: 12F
Unit Floor: 5F
Unit Number: #501 Corner room
Built Year: July 1990
Building Management/Maintenance Fee: 12,960 yen/month
Type of unit: 3DK
Size: 63.44 sqm
Balcony: 8.31 sqm
Facing: Northwest
Occupancy: Tenanted
Rent: 75,000 yen/month
Other: Elevator, Auto-Lock, Toilet and Bathroom separated, Space for washing machine
(Detail of Lease contract)
Rented under company’s name
The lease contract has started since March 31st 2009 and it is 2 years renew.
Deposit: 75,000 Yen
(Photo)
Please click the link below to see some photos of other rooms in the same apartment for your reference
https://www.rakusumu.com/rent/fdetail/00129-100006
(Room Layout)
(Map)
(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!!
(My Youtube videos)
https://www.youtube.com/channel/UC8_ThMbtS3CswreSMKl_PRQ/about
Please click the link below to see our other listings.
I upload around 40 new listings a week so please check it!!
https://realestate.co.jp/en/real-estate-agent/details/2644
Thank you.