[Assessed 82%] Apartment building in Tokorozawa, Saitama — 18 min from Kotesashi Sta.

A newly built whole-building apartment in Kotesashiminami 2-chome, Tokorozawa, Saitama, an 18-minute walk from Kotesashi Station on the Seibu Ikebukuro Line. Completed in January 2026. A sushi restaurant is 86 m from the property and a Yaoko supermarket 593 m.

The wood-frame two-storey building has four units, all 2LDK. The land is 252.91 sqm and the building 257.12 sqm. The land is freehold with a residential land category. Zoning is Category 1 residential with a 60% building coverage ratio and 200% floor area ratio. It has video intercoms, shared delivery lockers and open parking on site, in an exterior-corridor layout. It is newly built and unoccupied, with a negotiable handover date. The gross yield is 6.03% on 6,018,000 yen of assumed annual income (501,500 yen a month).

Against the 99,800,000 yen asking price, the land assessed value at the inheritance-tax road price of 100,000 yen/sqm comes to 25.29 million yen, and the newly built structure to 56.56 million yen — 81.85 million yen in total, an assessed ratio of 82.0%. With the full 22 years remaining of the statutory life for wood construction, the building carries its assessed value in full. The road price has risen 4.2% over three years from 96,000 yen in 2024.

Photographs show the frontage road and the parking area meeting with no step. Please see the research notes regarding the retaining wall at the neighbouring boundary.