Yield 8.0%375,000,000 JPY Apartment Building in Iwatsuki-ku,Saitama-shi, Saitama273059 m² (32931 sqft)Property Type:Apartment BuildingGross Yield:7.97%Estimated Annual Rental Income:29,919,216 JPYDescriptionLarge-scale repairs were carried out in 2015 and this is a very clean apartment building with a yield of 7.97%.The nearest station is Iwatsuki Station on the Tobu Noda Line, which is a 10-minute walk from JR Omiya, a terminal station, and from there it is 30 minutes to Ueno and 40 minutes to Shinjuku, making the area a commuter town with high rental demand.This property also has 26 of the 27 rooms in operation, with high occupancy rates throughout the year.With an estimated assessed value of 330 million yen, it is a highly liquid property that is easy for domestic investors to purchase.This is a recommended property, so please do not hesitate to contact us.See allShow lessProperty DetailsProperty Code: S0006895Agency Property Code : A00010LocationIwatsuki-ku, Saitama-shi, SaitamaTransportationTōbu Noda Line Iwatsuki Station. 8min walkFloor Size3059.43 m² (32931 sqft)Floors3 floors above ground and 1 floor belowLand Size1802.16 m² (19398 sqft)Land RightsOwnershipTotal Units27 UnitsYear BuiltSep, 1991StructureRCStatusRentedAvailable FromAskParking SpaceAvailableConnecting RoadsEast: Width about 7.0m (Public roads)Building Coverage Ratio60%Floor Area Ratio200%City PlanningUrbanization promotion areasLand Categoryresidential areasLand Use ZoningCategory 2 residential districtsNational Land Use Planning ActNo notification requiredType of TransactionOpen Listing AgreementRemarkMap ViewDate UpdatedApr 26, 2024Next Update ScheduleMay 9, 2024Listing provided byTowntier LLC.We are a real estate agency in Japan, and we mainly own high-quality investment properties and residential properties in Tokyo, Osaka, Aichi...Number of Units:263 PropertiesAgent Location:All over JapanService Available in English, 简体中文, 繁體中文, ไทย, 한국어, Français, Español, Português, Русский, Tiếng Việt, Bahasa Indonesia, Deutsch, Italiano, 日本語Make Inquiry