For SaleCondominium

Nakano Daini Corpo

Nakano 5-chome, Nakano-ku, Tokyo
  • Office use allowed
Asking Price
¥20,800,000
Est. Net Yield: 6.54%
Nakano Daini Corpo - 1/1
1 / 1

Executive Summary

This is an 11-story steel reinforced concrete (SRC) apartment building, Nakano Daini Corpo, built in November 1966, located in Nakano 5-chome, Nakano-ku, Tokyo. Transportation is a 9-minute walk from Nakano Station on the Chuo Main Line, Tokyo Metro Tozai Line, and Sobu/Chuo Local Line. Constructed by Hasegawa Komuten Co., Ltd., the building has a total of 102 units, with fully outsourced day-shift management. The unit is a south-facing 2K situated on the 2nd floor, featuring a floor area of 35.7 sqm and a balcony area of 7 sqm. The building is equipped with an elevator, and office use is permitted. Land rights are ownership, and the zoning is a Neighborhood Commercial Zone. The property is currently leased, and handover is negotiable.

Property Details

Building Area
35.7 ㎡
Layout
2K
2 bedrooms + kitchen
Structure
SRC
Built Year
1966
Floors
Floor 2 of 11
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,610,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Neighborhood commercial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
102 units

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

Location & Map

Investment Analysis

Est. Gross Yield7.74%
Est. Net Yield6.54%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
7.74%
Est. Net Yield
6.54%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥21,110,000+¥1,360,000¥1,670,0007.5%0.8%
2yr¥21,430,000+¥2,720,000¥3,350,00015%4.2%
3yr¥21,750,000+¥4,080,000¥5,030,00022.6%5.3%
4yr¥22,080,000+¥5,440,000¥6,710,00030.1%5.9%
5yr¥22,410,000+¥6,800,000¥8,410,00037.7%6.2%
6yr¥22,740,000+¥8,160,000¥10,100,00045.3%6.4%
7yr¥23,080,000+¥9,520,000¥11,800,00053%6.5%
8yr¥23,430,000+¥10,880,000¥13,510,00060.6%6.6%
9yr¥23,780,000+¥12,240,000¥15,220,00068.3%6.7%
10yr¥24,140,000+¥13,600,000¥16,940,00076%6.7%

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.)
¥1,482,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥752,400
Real Estate Acquisition Tax (est., rate varies by property type)¥370,000
Registration License Tax (title transfer)¥180,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

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

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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