2/16/2016

6.08% gross yield, Apartment Building in Shinjuku, Tokyo for sale!

Price: 209.8 million JPY (approx. 6.7 million QAR / 1.84 million USD)
Total floor space: 258.22 sqm (3 stories, 17 residential units)
Site area: 162.98 sqm
Gross yield: 6.08% (Currently all rental units are fully occupied.)
Completion: Aug 1986
Structure: Steel
Land ownership type: Freehold
Map: https://goo.gl/maps/x48piD7zFvS2

8 min walk from Waseda station and located inner side of Yamanote line and convenient to commute to both Shinjyuku and Tokyo stations.
This area has high demand for students' accommodation since there is Waseda University which is one of the largest and most famous private university in Japan.


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