For SaleCondominium

Chojamachi Business Mansion

Chojamachi 2-chome, Naka-ku, Yokohama-shi, Kanagawa
Asking Price
¥15,800,000
Est. Net Yield: 7.28%
Chojamachi Business Mansion - 1/15
1 / 15

Executive Summary

Chojamachi Business Mansion is an 11-story steel-framed reinforced concrete (SRC) condominium built in February 1975, located in Chojamachi 2-chome, Naka-ku, Yokohama-shi, Kanagawa. Access is available via a 4-minute walk from Isezaki-chojamachi Station on the Yokohama Municipal Subway Blue Line and a 9-minute walk from Kannai Station on the Negishi Line. The unit is located on the 1st floor with a 1DK layout and a floor area of 50.6 sqm. It is equipped with an auto-lock system, two or more elevators, a bidet toilet seat, and air conditioning, with interior renovations (walls and ceilings) completed in January 2026. Land rights are ownership, and the zoning is Commercial Zone. The property is currently vacant and available for immediate handover. The surrounding environment includes commercial facilities at 77 m (a 1-minute walk), a convenience store at 84 m (a 2-minute walk), restaurants at 98 m (a 2-minute walk), and medical facilities at 165 m (a 3-minute walk).

Property Details

Building Area
50.6 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
SRC
Built Year
1975
Floors
Floor 1 of 11
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,460,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Commercial zone

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社サニーライフ
Total units
185 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield9.27%
Est. Net Yield7.28%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
9.27%
Est. Net Yield
7.28%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥16,040,000+¥1,150,000¥1,390,0008.2%1.3%
2yr¥16,280,000+¥2,300,000¥2,780,00016.4%4.8%
3yr¥16,520,000+¥3,450,000¥4,170,00024.6%6%
4yr¥16,770,000+¥4,600,000¥5,570,00032.8%6.5%
5yr¥17,020,000+¥5,750,000¥6,970,00041.1%6.8%
6yr¥17,280,000+¥6,900,000¥8,380,00049.4%7%
7yr¥17,540,000+¥8,050,000¥9,790,00057.7%7.2%
8yr¥17,800,000+¥9,200,000¥11,200,00066%7.3%
9yr¥18,070,000+¥10,350,000¥12,620,00074.4%7.3%
10yr¥18,340,000+¥11,510,000¥14,040,00082.8%7.4%

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.)
¥1,167,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥587,400
Real Estate Acquisition Tax (est., rate varies by property type)¥280,000
Registration License Tax (title transfer)¥140,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

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

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Book a Private Viewing or Online Consultation

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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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