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Two-storey house-style inn with a yellow entrance wall, green front door and parking in front
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Building exterior

Selected images and diagrams are reproduced from the materials supplied for this listing.

January 2006
Year Built
Approx. 10 min
To Yotsugi Station (Keisei Oshiage Line)
Operating
Occupancy
Approx. 12%
Indicative Gross Yield

Property Description

Despite its name, CASA ASAKUSA EAST is not in Asakusa. It is a detached two-storey inn at 2-18-23 Yotsugi in Katsushika Ward, ten minutes on foot from Yotsugi Station on the Keisei Oshiage Line. The wood-framed building was completed in January 2006 and has 81.62 sq m of floor space on 72.19 sq m of freehold land, with parking at the front.

It holds an inn business licence, is trading now, and is offered furnished. On the ground floor the plans show the entrance, a bathroom, a washroom and WC, and two bedrooms, one with a single and a double bed and a projector, the other with a double bed. The upper floor is given over to a living and dining room with a large dining table, a kitchen and a sofa area, a further bedroom with single and double beds, and a balcony. The floor plan puts capacity at thirteen guests, and the flyer notes that the building can operate 365 days a year.

The listing records annual lodging revenue of JPY 10,560,000 for the most recent year, an indicative gross yield of approximately 12% on the asking price, and a net yield of 4.95% once management agency fees are included. The flyer states that the inn licence can be succeeded and the management agency handed over to a buyer.

Property Details

Property TypeInn / Lodging Building (Whole Building)
Asking PriceJPY 88,000,000
Address2-18-23 Yotsugi, Katsushika-ku, Tokyo
Nearest StationYotsugi Station (Keisei Oshiage Line)
Walking DistanceApprox. 10 min
Land Area72.19 sq m, registered
Building Area81.62 sq m (1F 38.40 sq m, 2F 43.22 sq m)
Building StructureWood frame, 2 storeys
Year BuiltJanuary 2006
ZoningQuasi-Industrial District, Fire Prevention District, Height Control District (minimum height 7 m), district plan, urbanisation promotion area
Building Coverage Ratio60%
Floor Area Ratio240%
Land CategoryResidential land
Road FrontagePrivate road with road-position designation to the south (5.2 m frontage, 4.0 m wide)
ParkingAvailable
TenureFreehold Ownership
FurnishingFurniture and appliances included
Licence StatusInn business licence held, currently operating; the licence can be succeeded
Operation TypeOperated through a management agent; the agency can be handed over
OccupancyOperating
HandoverBy arrangement

Areas are the registered figures from the listing material and remain subject to verification.

Income

Annual Lodging Revenue
JPY 10,560,000
Basis
Revenue for the most recent year
Indicative Gross Yield
Approx. 12%
Net Yield (as stated)
4.95%, including management agency fees
Occupancy
Operating
Handover
By arrangement

Gross yield is annual lodging revenue divided by the asking price, before operating and ownership costs.

Revenue is lodging revenue from guest stays, not rent under a lease. The figures are as stated in the listing material, have not been audited, and remain subject to verification.

Location, Transit & Everyday Convenience

The building stands in Yotsugi 2-chome in Katsushika Ward, in the low-rise east of Tokyo just across the Arakawa River. The listing material records Yotsugi Station on the Keisei Oshiage Line at approximately ten minutes on foot.

The Keisei Oshiage Line runs through Oshiage, for Tokyo Skytree, onto the Toei Asakusa Line towards Asakusa and central Tokyo, and through-services on the Keisei and Keikyu lines carry it in the direction of both Narita and Haneda airports. Journey times vary with the service and any changes, so none are stated here.

The map indicates the location of the property. Walking times above are as stated in the listing material.

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Katsushika Land Prices and Tokyo Accommodation Demand

Commercial land in Katsushika Ward rose 11.1% in the Reiwa 8 (2026) Official Land Price Survey, and residential land in the ward rose 5.6%.

The national backdrop is a record year for arrivals: the Japan National Tourism Organization records 42,683,600 international visitors to Japan in 2025, an increase of 15.8% on the previous year and the highest annual figure on record, surpassing the previous peak of 2024 by more than 5.8 million.

On the accommodation side, the Japan Tourism Agency's Accommodation Survey puts room occupancy in Tokyo at 76.8% for the calendar year 2025, up 1.7 points on the previous year and second only to Osaka among the forty-seven prefectures, against 61.8% for Japan as a whole.

Katsushika land prices and national visitor numbers, year on year · Tokyo room occupancy 2025
+11.1%
Commercial Land, Katsushika Ward
+15.8%
International Visitors to Japan
76.8%
Hotel Room Occupancy, Tokyo 2025

These figures describe Katsushika Ward, Tokyo and Japan as a whole, not this individual property. They are not a measure of occupancy, room rates or revenue at this building, they are not an appraisal of this address, and they do not guarantee future revenue, value or performance. The 2025 occupancy figures are preliminary.

Sources:

Important Notes

  • Property information is based on the materials supplied for this listing.
  • Availability, price and other terms may change, or the property may be withdrawn, without notice.
  • The gross yield of approximately 12% is calculated on the annual lodging revenue stated in the listing material, before operating and ownership costs. The revenue and yield figures are not contracted or audited.
  • Succession of the inn licence and handover of the management agency remain subject to agreement with the seller and to confirmation of the procedures each requires.
  • Property ownership in Japan does not by itself provide visa or residency rights.

Listing & Transaction Information

Type of Transaction
Brokerage
Listed by
International Interface Co., Ltd.
Tokyo Governor's Licence (3) No. 96857
RE/MAX INTERFACE
Agent: Kenichi Aoki

Availability, price and property details remain subject to confirmation at the time of enquiry.