Neyagawa

Multifamily building
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Description

The presented property is a five-story residential building located in a quiet and peaceful neighborhood. The excellent location ensures easy access to public transportation, which is a significant advantage for residents. The building, constructed in 1988, features a solid structure that provides durability and safety.

The property generates high rental income, attracting investors. It is worth noting that all units are fully occupied, indicating a strong demand from tenants. There are 29 residential units available, creating ample rental opportunities.

The land is fully owned, providing additional comfort for future owners. An ideal proposition for those looking for a stable investment in the rental housing market.

City Description

Neyagawa is a city located in Osaka Prefecture, offering many interesting places and attractions for visitors. Situated in the Kansai region, Neyagawa is largely part of the greater Osaka metropolitan area, providing convenient access to many cultural and recreational sites in the area. One of the main highlights of Neyagawa is Central Park (Chūō Kōen), a space that offers green areas ideal for picnics and walks. The park also features various sports facilities and a pond that attracts nature lovers. For families with children, the playground and numerous walking paths will be of interest. History and culture enthusiasts will find a number of temples and historical sites in Neyagawa. Sembazuru Temple is a particularly well-known spot among locals, especially during seasonal religious festivals. Moreover, the city has a rich tradition of crafts, including the production of local pottery, which is valued throughout the country. Neyagawa is also a place where various festivals take place, attracting both residents and tourists. The Oasa Festival, celebrated in the summer, features colorful parades, stalls with local specialties, and fireworks displays, making it an excellent opportunity to learn about local culture and traditions. It's also worth mentioning the local cuisine, which represents typical Kansai dishes such as okonomiyaki and takoyaki. In numerous restaurants and stalls, one can taste the authentic flavors of the region. In terms of transportation, Neyagawa is well connected to the rest of the region via the railway network, facilitating exploration not only of the city but also of the entire Osaka Prefecture. Despite its partially urbanized character, Neyagawa maintains many places with a more local and traditional character, making it an interesting destination for those who wish to experience daily life in Japan beyond the largest metropolises.

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Price1 134 870 USD
ProfitabilityProfitability 7.48%
Yearly profit84 888 USD
Monthly profit7074 USD
TypeMultifamily building
LocationNeyagawa