Hachinohe

Multifamily building
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Description

We present a property in an excellent location, ideal for investors looking for stable rental income. The residential building, constructed in 1972, offers 12 residential units, creating an opportunity for attractive rentals. The current condition of the property indicates its rental potential, ensuring regular financial inflows and a high return on investment. The property is built using concrete technology, providing durability and low operating costs. Additionally, the availability of parking increases the attractiveness for residents. This is an ideal proposal for those wishing to invest in real estate with high return potential.

City Description

Hachinohe, located in Aomori Prefecture in northern Japan, is a city with a rich history and diverse attractions. It is primarily known for its coastal location, which provides access to fresh seafood. In local restaurants, one can try unique fish and seafood dishes, including the famous Hachinohe-mae, which is smoked portosole. The city is also a popular base for nature lovers and hikers. The proximity to Sanriku Fukkō National Park and the beautiful Tanesashi cliffs offers excellent areas for exploring the coastal landscape. Hachinohe also has a rich cultural heritage that can be admired during traditional festivals, such as the Hachinohe Sansha Taisai held every August. This festival, with a history of over 300 years, attracts crowds with its spectacular processions, colorful costumes, and impressive floats carried by participants. Additionally, Hachinohe features several museums, including the Hachinohe City Museum of History and Folk, where visitors can learn more about local history and culture. One of the lesser-known but fascinating sites is the Kabushima Temple, located on a small hill overlooking the ocean. This temple is dedicated to the deity of seabirds and attracts many birdwatching enthusiasts. For those seeking unique experiences, Hachinohe also offers a visit to the Hasshoku Center market, where fresh local products can be purchased, and cooking workshops can be attended. This city, full of diverse attractions, combines Japanese tradition with the natural beauty of the Tōhoku region.

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Price288 540 USD
Profitability16.74 %
Yearly profit48 302 USD
Monthly profit4025 USD
TypeMultifamily building
LocationHachinohe