A whole wooden apartment building of twelve 1R units with lofts, an 8-minute walk from Arai-Yakushimae Station on the Seibu Shinjuku Line. The building is currently leased (sold with tenants in place). - Price: ¥138,000,000; projected annual income ¥7,800,000 and projected yield 5.7% at full occupancy (per the listing materials) - Access: Arai-Yakushimae Station (Seibu Shinjuku Line) 8 min walk; Ochiai Station (Tokyo Metro Tozai Line) 14 min walk; Higashi-Nakano Station (JR Sobu Line) 15 min walk; Nakano Station (JR Chuo Line) 20 min walk - Building: wooden (quasi-fireproof construction), 2 storeys, completed July 2014; total floor area 141.43㎡ (1F 78.96㎡ / 2F 62.47㎡); 12 units, all 1R with a loft - Land: 122.99㎡ surveyed (119.60㎡ registered), freehold; the land area includes a 4.56㎡ setback portion; faces a 4 m ward road - Zoning: Category 1 medium-to-high-rise exclusive residential, building coverage 60%, floor area ratio 200%; quasi-fire prevention district, Category 2 height control district, shadow regulation - Equipment (per the listing materials): auto-lock entrance, recording security cameras, TV monitor intercom, shower room, warm-water washlet toilet, in-unit washer space, gas kitchen, air conditioning, CATV, internet (B FLET'S); floor heating in some units - Utilities: public water, city gas, TEPCO electricity, public sewer - Current status: leased; handover negotiable