Leaseback Property

Hi everyone!

Today’s listing is a leaseback property!

What is the leaseback?

“Leaseback” is a method of continuing to live in the property after selling it as a rental property.

For this property, currently the seller is living there and trying to sell it.

once it is sold to a new owner, the seller will keep staying in the property as your tenenat.

Please check the details below.

Name: Frection Sagamihara (フレクション相模原)

Price: 2,900,000 Yen  ≒ 20,902 USD 

Size: 18.2 sqm ≒ 195 sqf

107 usd/sqf

Address: 神奈川県相模原市中央区横山台1-24-20

Google map:


 5 mins walk to bus stop

17 mins walk to Minamihashimoto (南橋本) station     

Structure: Reinforced Concrete

Land Rights: Freehold

Number of total units: 95

No.of Floor: 7F

Unit Floor: 3F

 Unit Number:3xx

Built Year: Sep 1988

Building Management/Maintenance Fee: 7,710 yen/month

Type of unit: 1R

Size: 18.2 sqm 

Balcony: 3.36 sqm

Facing: Need to confirm

Occupancy: Tenanted 

Rent: 37,000 yen/month ※Market rent is around 30,000~32,000 Yen

Other: Elevator

(Detail of lease contract)

Seller (will be a tenant): Japanese male, 60-70s


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

(Room Layout)

(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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