Income-producing licensed accommodation property in Kita-Shinjuku, within walking distance of Higashi-Nakano, Okubo, Ochiai and Shin-Okubo stations. The property is currently operated under the ISSHUKU NOMA Kita-Shinjuku I accommodation brand. – Ryokan/hotel business license acquired – Currently operating as an accommodation property – 6 accommodation units – Approx. ¥51.5 million projected annual income – Approx. 15.4% projected gross yield based on the supplied asking price – Excellent location near Shin-Okubo's popular Korean district – 214.02 m² total building area – 125.88 m² land across 2 parcels – Steel-frame 3-story building – Multiple railway stations within walking distance – Approx. 8-minute walk from Higashi-Nakano Station – Strong access to central Shinjuku and major Tokyo destinations – Vacant handover negotiable