Stage First Hōnanchō Aziru Court - Investment Property in Suginami
This property is a studio apartment (one room) located on the first floor of a seven-story reinforced concrete building. The unit has a floor area of 26.05 m² and a balcony area of 21.11 m², facing northwest. The building was constructed in February 2012 and contains 31 units in total.
The property is currently tenanted and being sold as an owner-change (オーナーチェンジ) investment. The current monthly rent is 87,000 yen, providing an annual income of 1,044,000 yen and a surface yield of 4.09%. Please note that from July 2022 onwards, due to a change in the sublease company's fees, the monthly rent is scheduled to become 82,800 yen. The expected yield after this change is 4.44%.
The property features a range of security and convenience amenities including a delivery box, card key entry, security cameras, a TV monitor-equipped auto-lock system, an elevator, and 24-hour security with remote monitoring and emergency response. The land is freehold (所有権). The building is managed by a company called (株)快適空間 under a full consignment management contract, with a patrol-type building manager. Monthly management fees are 10,900 yen, and the repair reserve fund is 6,800 yen. There is no parking available.
The property is located in Horinouchi 1-chome, Suginami-ku, Tokyo, just a one-minute walk from Hōnanchō Station on the Tokyo Metro Marunouchi Branch Line. The transfer of the property is negotiable.
