Archive for June, 2011

21 apartments for sale 13.47% yield Sales price 146,300,000JPY

Written by hashimoto. Posted in Hot Properties for Sale, Investment Properties

We have just received a portfolio of 21 single unit apartments in Yokohama for sale. (2 units are vacant)                 

Size: 15Sqm – 46Sqm one room mansions. (average 21.12Sqm)

Rents: 53,000JPY – 200,000JPY (average 72,143JPY)

Completion: 1980 – 1993. All units are in differnt apartments.

Total fully ocupied annual rent 18,180,000JPY. Curent rent 16,500,000JPY.

We would recomend a price of 135,000,000 for the porfolio which would give a 13.47% fully ocupied yield (Gross) and a 10.40% curent yield (Gross).

This is a very good investment because you have a high rental return and if you decided to sell, you have 2 options, sell the whole portfolio at once, or sell the units one by one as they become vacant.

For more infomation please contact us sales@housingjapan.com