Transfer of a Real Estate Holding Company in Tokyo — 7% Yield, ¥9.08M Annual Rental Income (Tokyo, Share Transfer)

■ Business Model ・Business overview The company owns the single multi-unit building described below. <Property Overview> 1. Number of units: 16 (14 occupied, 2 vacant) 2. Registered area Land: 204.95 m2 (62.1 tsubo) Building: 113.34 m2 x 2 floors = 226.68 m2 3. Structure: Wood-frame 4. Age: 36 years; newly built February 1986 5. Current monthly income: ¥661,900 in rent 6. Projected monthly income at full occupancy: above (5) + ¥95,000 from the 2 vacant units = ¥756,900 ・Product / service features <On Asset Valuation> Projected monthly income at full occupancy = ¥756,900 Projected annual income at full occupancy = ¥756,900 x 12 months = ¥9,082,800 ◆ Income capitalization approach Discounting at an assumed 7% yield: ¥9,082,800 ÷ 7% ≈ ¥129 million ◆ Land value 62.1 tsubo x ¥2.2 million per tsubo = over ¥136 million Based on the above, we propose setting the fair market value of the target asset at ¥130 million. <Financial Institution Liabilities> X Shinkin Bank: ¥105 million Other (public finance corporation): ¥7 million Total ≈ ¥112 million Since real estate fair value of ¥130 million minus financial-institution liabilities of ¥112 million = ¥18 million, the share price has been calculated at ¥18 million. ・Customer / client characteristics The units are one-room layouts with a loft. As ordinary one-room units, the tenants are singles or couples. ・Employee / organization characteristics There are no employees. The business is run solely by the owner. ・Strengths / appeal points The property is already operating at high occupancy, so rental income can be earned immediately. It is also in a prime Tokyo location at nearly land value, and since rents are close to bottom levels, the risk of future rent declines is considered extremely low.

--〜--

--〜--

--〜--

--〜--

会社譲渡

その他

■希望売却価格 1,800万円(金融機関借入金1億1,200万円引き継ぎ) ■売却形式 会社譲渡 ■売却理由 選択と集中