Leaseback Property

Hi everyone!

Today’s listing is a leaseback property!

What is the leaseback?

“Leaseback” is a method of continuing to live in the property after selling it as a rental property.

For this property, currently the seller is living there and trying to sell it.

once it is sold to a new owner, the seller will keep staying in the property as your tenenat.

Please check the details below.

Name: Frection Sagamihara (フレクション相模原)

Price: 2,900,000 Yen? ≒ 20,902 USD?

Size: 18.2 sqm ≒ 195 sqf

107 usd/sqf

Address: 神奈川県相模原市中央区横山台1-24-20

Google map: https://goo.gl/maps/h7B4GPCcayW6zvLe9

Access: 

 5 mins walk to bus stop

17 mins walk to Minamihashimoto (南橋本) station     

Structure: Reinforced Concrete

Land Rights: Freehold

Number of total units: 95

No.of Floor: 7F

Unit Floor: 3F

 Unit Number:3xx

Built Year: Sep 1988

Building Management/Maintenance Fee: 7,710 yen/month

Type of unit: 1R

Size: 18.2 sqm 

Balcony: 3.36 sqm

Facing: Need to confirm

Occupancy: Tenanted 

Rent: 37,000 yen/month ※Market rent is around 30,000~32,000 Yen

Other: Elevator

(Detail of lease contract)

Seller (will be a tenant): Japanese male, 60-70s

(Photo)

Please click the link below to see some photos of other rooms in the same apartment for your reference

https://suumo.jp/chintai/bc_100285352006/

(Room Layout)

(Calculation table)

In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.

I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.

If you are interested in this property, please inquire me as soon as you can!!

(My Youtube videos)

https://www.youtube.com/channel/UC8_ThMbtS3CswreSMKl_PRQ/videos

Please click the link below to see our other listings.

I upload around 40 new listings a week so please check it!!

https://realestate.co.jp/en/real-estate-agent/details/2644

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Thank you.

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