Japan Real Estate
For SaleHotel

043HOSTEL

Taito 2-chome, Taito-ku, Tokyo
Asking Price
¥289,000,000
Gross Yield: 9.87%
043HOSTEL - 1/10
1 / 10

Executive Summary

This is 043HOSTEL, a 4-story steel-framed hotel built in September 1982, located in Taito 2-chome, Taito-ku, Tokyo. The location is a 4-minute walk to Naka-okachimachi Station on the Tokyo Metro Hibiya Line, a 7-minute walk to Okachimachi Station on the Yamanote Line, and a 10-minute walk to Ueno-hirokoji Station on the Tokyo Metro Ginza Line. The building area is 152.1 sqm, comprising 7 rooms and 1 office, and features facilities including air conditioning, wireless LAN, security cameras, and 24-hour security. The freehold land area is 45.81 sqm based on the public register, situated in a Commercial Zone with a building coverage ratio of 90% and a floor area ratio of 500%, facing 11m wide public roads on both the north and west sides. The property is currently tenanted, and the handover timing is negotiable. A commercial facility is located within 330m (a 5-minute walk).

Property Details

Building Area
152.1 ㎡
Structure
Steel
Built Year
1982
Floors
4 Floors
Earthquake Std.
To be confirmed
Annual Income
¥28,530,000
Transport
  • Naka-okachimachi Station
    Tokyo Metro Hibiya Line
    Walk 4 min
  • Okachimachi Station
    JR Yamanote Line
    Walk 7 min
  • Ueno-hirokoji Station
    Tokyo Metro Ginza Line
    Walk 10 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Current status
Leased (tenant in place)
Handover
Negotiable

Please confirm the details in the explanation of important matters before purchase.

Around the property

This summarizes expected hazards, past disaster records, designated hazard zones, city planning, the surroundings (stations, schools, medical facilities and more), population, land prices and transactions around the property, based on data from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The position is estimated from the address, so it can differ from the actual lot near the edge of an area. Hazard areas and records shown are only those published by national and local governments; being outside a published area, or not finding a record, does not mean damage cannot occur. Please confirm details on the municipality's hazard map and in the explanation of important matters given at the time of purchase.

Flood (maximum expected scale)
Within a published hazard area (expected flood depth 0.5–3 m)Rivers: 隅田川、神田川、荒川
Storm surge
Within a published hazard area (expected flood depth under 0.3 m)
Tsunami
Not within a published hazard area
Landslide
Not within a published hazard area
Liquefaction
Likely to liquefyA tendency for each grid cell of about 250 m, based on landform. It is not an assessment of the lot itself.

Please check your municipality's hazard map for details.

This service uses the API functions of the Real Estate Information Library of the Ministry of Land, Infrastructure, Transport and Tourism, but the timeliness, accuracy and completeness of the information provided are not guaranteed.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Real Estate Information Library (国土交通省 不動産情報ライブラリ). Processed by us for the area around this property.Retrieved: 10/14/2026

Location & Map

Investment Analysis

Gross Yield9.87%

Based on the property's annual business income.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
9.87%
Est. Net Yield
7.30%

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

If sold after 10 years (before tax)
Annual return (IRR)
6.5%
Net gain
+¥195,310,000
Gain on total investment +62.8%
Est. Property ValueCumulative Net IncomeNet gain

Assumptions

  • Total investment ¥310,843,000 (price ¥289,000,000 + purchase costs ¥21,843,000)
  • Management fee and repair reserve: ¥4,279,500 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥21,843,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥9,603,000
Real Estate Acquisition Tax (est., rate varies by property type)¥6,930,000
Registration License Tax (title transfer)¥3,460,000
Stamp Duty (purchase agreement)¥60,000
Judicial Scrivener & Other Fees (est.)¥1,790,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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Send us your preferred price and closing timing. We negotiate price and terms with the seller. After online identity verification (passport IC chip scan and proof of address) and the important-matters explanation (online), you e-sign the purchase agreement. You can follow the progress on your Dashboard.

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