For SaleCondominium

Elsa Tower 55

Motogo 2-chome, Kawaguchi-shi, Saitama
  • 20+ story building
  • 10th floor or higher
Asking Price
¥83,000,000
Elsa Tower 55 - 1/24
1 / 24

Executive Summary

This is Elsa Tower 55, a 56-story steel reinforced concrete condominium built in March 1998, located in Motogo 2-chome, Kawaguchi-shi, Saitama. Transportation access is a 6-minute walk from Kawaguchi-motogo Station on the Saitama Rapid Railway Line and a 19-minute walk from Kawaguchi Station on the Keihin-Tohoku/Negishi Line. Out of 650 total units, this west-facing unit is situated on the 49th floor, featuring a floor area of 108.7㎡, a balcony area of 7.72㎡, and a 3LDK layout. Main facilities include an auto-lock system with monitor, elevators (2 or more), delivery lockers, and a system kitchen. Land rights are ownership, and the zoning is Quasi-Industrial Zone. The property is currently occupied, and handover timing is subject to consultation. There is a supermarket (Summit Store) on the first floor, and a sports club with a swimming pool (Daitoman Sports Square) and an internal medicine/pediatrics clinic on the adjacent property, with an elementary school located 446m away (a 6-minute walk).

Property Details

Building Area
108.7 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1998
Floors
Floor 49 of 56
Earthquake Std.
New Seismic Standard
Transport
  • Kawaguchi-motogo Station
    Saitama Rapid Railway Line
    Walk 6 min
  • Kawaguchi Station
    JR Keihin-Tohoku/Negishi Line
    Walk 19 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Quasi-industrial zone

Costs besides the price

Other costs
特別窓清掃費: ¥370 per month
Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社大京アステージ
Owners' association
Yes
Total units
650 units

Utilities & nearby

Gas
City gas
To elementary school
about 446 m
To junior high school
about 1249 m

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

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
3.79%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

If sold after 10 years (before tax)
Annual return (IRR)
3.0%
Net gain
+¥25,100,000
Gain on total investment +28.3%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥83,000,000+¥3,350,000¥-5,100,000-5.8%-5.8%
2yr¥83,000,000+¥6,710,000¥-1,740,000-2.0%-1.0%
3yr¥83,000,000+¥10,060,000+¥1,610,000+1.8%0.6%
4yr¥83,000,000+¥13,420,000+¥4,970,000+5.6%1.5%
5yr¥83,000,000+¥16,770,000+¥8,320,000+9.4%2.0%
6yr¥83,000,000+¥20,130,000+¥11,680,000+13.2%2.3%
7yr¥83,000,000+¥23,480,000+¥15,030,000+17.0%2.5%
8yr¥83,000,000+¥26,840,000+¥18,390,000+20.7%2.7%
9yr¥83,000,000+¥30,190,000+¥21,740,000+24.5%2.8%
10yr¥83,000,000+¥33,550,000+¥25,100,000+28.3%3.0%

Assumptions

  • Total investment ¥88,615,000 (price ¥83,000,000 + purchase costs ¥5,615,000)
  • Management fee and repair reserve: ¥567,240 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.)
¥5,615,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,805,000
Real Estate Acquisition Tax (est., rate varies by property type)¥1,490,000
Registration License Tax (title transfer)¥740,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥550,000

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

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

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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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