DON'T BE FOOLED BY ITS EXTERIOR. THIS PROPERTY IS A STEAL

This small, old office building is located on a prime plot of land. Although currently 7 out of 8 units are tenanted, this property possesses extremely high potential for return through redevelopment into a multi-use or compact apartment building. 

Located near Tokyo Tower and the "Yale University" of Tokyo, Keio University, redevelopment into a high-rise apartment complex with single-occupant units is expected to produce a high yield in this location. 

• Current Unit Types: Office only

• Building Floor Area: 285.6㎡

• Land Area: 125.35㎡

• BCR: 80% 

• FAR: 500 - 700 %

• Current Yield Rate: 2.5% *calculated at full occupancy

• Annual Income: ¥9,190,802 *calculated at full occupancy

• Built: May 1973

• Structure Type: Steel-reinforced Concrete

• Floors: 1F - 4F