Mansion Chiyo

Apartments Leased

The appearance photograph

Bicycle parking lot

Parking space

The appearance photograph

Front road

Cedar drugstore Iwakura housing complex shop (about 230m)

NAFCO singularity shop Iwakura shop (about 340m)

The appearance photograph

Front (the east side) road

The appearance photograph

Front (the east side) road

Price

39,800,000 JPY
Location

Shimohonmachi, Iwakura-shi, Aichi votive light hermitage > Surrounding map
Traffic

Meitetsu Inuyama Line Iwakura Station 11-minute walk
Expected yield
!
※The Yield is before the subtraction of the expense necessary to maintain taxes in the ratio of annual rent per selling price (including fees for common service). In addition, I assumed total of when there are no vacancies, and the Assumed rent, assumed gross yield calculated rent of vacant rooms based on market rent price.

21.8 %
Annual no vacancies assumed rent-rate
!
※The rent does not guarantee that I am provided surely for the future.

8,707,200 yen
Current yield
!
※The Yield is before the subtraction of the expense necessary to maintain taxes in the ratio of annual rent per selling price (including fees for common service). In addition, I assumed total of when there are no vacancies, and the Assumed rent, assumed gross yield calculated rent of vacant rooms based on market rent price.

18.0 %
Annual Current rent
!
※The rent does not guarantee that I am provided surely for the future.

7,195,200 Japanese yen (date of inspection: on April 12, 2021)

State of lease

19 unit in use 16/Total Units
Property Type

Apartments
Exclusive area

670.68 m²/ 7219.19 sqf
Completion

November, 1972 old (50 years old)
Land area

432.13 m²/ 4651.44 sqf
Status

Leased
The number of the dwelling units in the building

18 houses
Range of Units Sizes

Ignorance
Representative plan

2K
Structure

Reinforced Concrete 3 stories above the ground
Stories

3 story bldg.
Parking lot

－
Land right

It is 65,000 yen until amount of ･ leased land (monthly basis) November, 2032 for an old law Leasehold (right of lease) tenancy
Land Category

Residence
Abutting Roads

The east side: Width about 5.5m (public road)
Use Districts/Building Coverage Ratio (BCR)/Floor-Area Ratio (FAR)

Category 1 Medium-to-High-Rise Exclusive Residential District/60%/200%
City Planning

Urbanization Promotion Area
Nationwide Law Notification

No
Time of delivery

Ask
Transaction type

Brokerage
Updated on

March 24, 2023
Next Update

April 7, 2023
Remarks

Leased (Necessary to take over the rental agreement) ※16 of 19 buildings
●Indication/site that hangs over the Leasehold old law Leasehold (the land rent: monthly basis 65, 000 yen) Total number of units includes other commercial units(other than dwelling units).

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