In November 2024, we acquired ELFARO Higashi-Nippori, a newly built rental apartment building located in Higashinippori 4-chome, Arakawa-ku, Tokyo.
It is located in a residential neighborhood, just a 9-minute walk from Uguisudani Station on the JR Yamanote Line.
The building, completed in October 2024, is a five-story structure featuring layouts centered primarily on 2LDK units. We acquired the property in unoccupied condition and plan to lease it up before selling it as an income-generating asset.
Property Overview
Property Name: ELFARO Higashi-Nippori
Location: Higashinippori 4-chome, Arakawa-ku, Tokyo
Access: 9-minute walk from Uguisudani Station (JR Yamanote Line)
Land Area: Approx. 62 tsubo
Total Floor Area: Approx. 174 tsubo
Structure: Reinforced Concrete (RC), 5 stories
Use: Residence
Completion: 2024