Acquisition Criteria
Properties we acquire
We acquire income-generating real estate for our own account, as the direct buyer.
Our approach
Acquiring for our own account
Maison Gaspard GK acquires and holds real estate as its own assets, as the direct buyer.
Properties we acquire are renovated where appropriate, then leased to tenants and held for the long term.
Property types
What we look for
Entire residential buildings (primary)
Apartment buildings (木造 / 軽量鉄骨 / RC). Typically 5–15 units. Studio to 1–2LDK layouts.
Larger RC/SRC apartment buildings
Larger reinforced concrete or steel-reinforced concrete buildings, considered on a case-by-case basis.
Mixed-use & commercial
Buildings with ground-floor commercial and upper-floor residential, or standalone commercial properties in appropriate locations.
Well-located akiya
Vacant properties (空き家) in well-connected locations are considered on a case-by-case basis.
Not targeted: Condominium units (区分所有) are generally outside our scope.
Geography & budget
Where and at what budget
Typical acquisition budget: JPY 25–50 million
Saitama Prefecture (primary)
Saitama City (Omiya-ku, Urawa-ku, Kita-ku, Nishi-ku and other wards), Kawagoe, Kawaguchi, Kumagaya and other Saitama commuter towns.
Northwest Tokyo
Adachi-ku, Itabashi-ku, Nerima-ku, Tokyo Kita-ku and adjoining areas. Focus on the Kawagoe / Ikebukuro / Saitama corridor.
Properties should generally be within approximately 15 minutes on foot from public transportation. Locations outside the areas above may be considered depending on the asset’s merits.
Building criteria
Building standards
- Post-1981 new seismic standard (新耐震基準) as a baseline requirement
- Wood-frame, light-steel, RC and SRC structures all considered
- Gross yield of approximately 9% or above on a fully-let basis, assessed on a case-by-case basis
- High-vacancy properties or properties requiring renovation are considered where the renovation potential is factored into the acquisition plan
- Freehold land and building (所有権)
- No restrictions on land or floor area — assessed on property merits
Submit a property
We welcome property information
We welcome property information from licensed real estate professionals and property owners. Please contact us by email with the details below.
Information to include (as available)
- Property address or approximate location
- Asset type (apartment building, mixed-use, other)
- Asking price
- Land area and total floor area
- Structure and year built
- Current occupancy rate
- Current rent roll (if available)
- Repair and renovation history
- Nearest station and walking distance
- Brokerage status (if applicable)
- Your contact details