Taisho

Multifamily building
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Description

We present to you an interesting property located in the vibrant district of Osaka. This is a four-story residential building with a solid steel structure, completed in 1979, which has undergone numerous positive changes. The property offers 23 residential units, of which 18 are designated for rent. Comfortable amenities and a convenient location make the property highly attractive to tenants.

Currently, the building is fully rented, guaranteeing a high rental income, with a return on investment of up to 9.35%. An additional advantage of the property is the availability of parking spaces, which is a significant asset in an urban landscape. The land on which the building stands is owned, ensuring investment stability. Given the location and the current state of the property, it presents an excellent opportunity for investors seeking a highly profitable asset.

City Description

Taisho is a district located in the southern part of Osaka, Japan. It is an area characterized by a unique blend of tradition and modernity. It is known for its strong cultural roots, being home to a large community of people of Ryukyu descent, that is, residents of Okinawa. Because of this, Taisho boasts a unique atmosphere that can be felt while strolling through its streets and visiting local restaurants serving traditional Okinawan dishes. This district is also a place to discover interesting urban architecture. Excellent examples of modernist projects from the mid-20th century can be seen in many public buildings. Taisho also has beautiful parks and green spaces that provide an oasis of tranquility amidst the urban hustle and bustle. The largest of these areas is Chishima Park, which offers many places for relaxation as well as attractions for families and children. Taisho also has a well-developed commercial infrastructure. You can visit numerous shops and markets offering both traditional Japanese products and modern goods from around the world. The district is well-connected to the rest of Osaka, making it an easily accessible place for tourists looking to explore the lesser-known corners of the city. Due to its specifics, Taisho offers visitors a unique opportunity to experience the rich culture and history of this region of Japan.

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Price1 444 380 USD
ProfitabilityProfitability 9.35%
Yearly profit135 050 USD
Monthly profit11 254 USD
TypeMultifamily building
LocationTaisho