Case Studies | NOCOS Property Management

Owners who saw significant returns.

A look at how NOCOS has improved owner returns in the real world.
Beyond cost savings, we include cases that span value-up renovation and full exit-strategy support.

−¥2.2M /yr ANNUAL COST SAVED

Case 01 ／ Apartment building, Meguro, Tokyo

Yield improvement through management-cost optimization

PM fee ¥160,000 → ¥30,000

✓Previous management company: PM fee ¥160,000/month, BM fee ¥263,300/month
✓After switching to NOCOS: PM fee ¥30,000/month, BM fee ¥220,200/month
✓Annual savings: approximately ¥2,200,000
✓Occupancy rate: 97% (12-month average post-switch)

→ Over ¥2,000,000 in annual yield improvement

×1.6 PER-TSUBO RENT

Case 02 ／ Apartment building, Yokohama, Kanagawa

Full-building value-up renovation

Rent per tsubo ¥6,000 → ¥9,600

✓Older RC apartment building, fully vacated after corporate tenant moved out
✓Concept renovation tailored to remote-work demand
✓Transformed into a sought-after property with applications received before completion
✓Achieved ¥9,600/tsubo against the area average of ¥6,000/tsubo

→ 160% of the area's per-tsubo rent

Read the full case →

+¥15M GAIN OVER 3-YR HOLD

Case 03 ／ Condominium unit, Shibuya, Tokyo

End-to-end support with an exit strategy in mind

¥15M sale gain after 3 years of ownership

✓Purchase price (tenanted property): ¥39,800,000
✓Rental income over ~34 months of operation: ¥5,110,000
✓Sale price: ¥55,000,000
✓Substantial total returns from sale gain plus rental income

→ Approx. ¥15,000,000 sale gain after 3 years of ownership

4 days HANDOVER TO APPLICATION

Case 04 ／ Residence (formerly owner-occupied), Shibuya, Tokyo

Turning an owner's home into a premium rental

Target rent ~1.5× current · applied in 4 days

✓Shibuya · a rare floor area of over 150㎡
✓Investment validity verified backwards via rent-appraisal logic
✓Premium quality achieved through material-level selection
✓Many viewings against the ¥1M/month target rent

→ Applied 4 days after handover, target rent ~1.5×

Read the full case →

Real yield-improvement stories.

Owners who saw significant returns.

Yield improvement through management-cost optimization

Full-building value-up renovation

End-to-end support with an exit strategy in mind

Turning an owner's home into a premium rental

Similar improvements are
possible for your property too.

Owners who saw significant returns.

Yield improvement through management-cost optimization

Full-building value-up renovation

End-to-end support with an exit strategy in mind

Turning an owner's home into a premium rental

Similar improvements arepossible for your property too.

Similar improvements are
possible for your property too.