Honjo

Investment unit
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Description

This property is a residential building that offers excellent investment opportunities. Located in a quiet area, just a few minutes' walk from the train station, it provides convenient access to public transportation. The property consists of eight units, creating potential for high rental income, especially given the current condition which allows for renting. The solidly constructed building from 1983 features a large lot, which could be an additional asset. Additionally, the availability of parking for residents increases the attractiveness of the offer.

City Description

Honjo is a quiet town in Saitama Prefecture, Japan, offering many interesting places to discover. It is located about 80 kilometers northwest of Tokyo, making it an accessible day trip destination for residents of the capital. Despite its modest size, Honjo has much to offer both history enthusiasts and nature lovers. One of the main attractions in Honjo is its historical heritage. The town has a rich past dating back to the Edo period, which is evident in several preserved buildings and local museums. It is worth visiting the Honjo History Museum, which showcases various aspects of life in the region over the centuries. Nature lovers can head to Honjo Sports Park, which offers numerous walking trails and picnic spots, as well as being an excellent place to observe local flora and fauna. The surrounding area features picturesque hills and rice fields that invite hiking and relaxation in nature. An interesting highlight is the annual Honjo-Waseda Festival, which attracts tourists from all over Japan. It is a great opportunity to experience local culture, taste traditional dishes, and participate in various cultural events. Honjo is also known for sake production, and it is advisable to visit local breweries to learn the secrets of making this traditional Japanese beverage. The region is home to several family-run manufacturers that offer tastings and the chance to purchase unique types of sake. This unpretentious town in Saitama Prefecture is an ideal place for those who want to unwind away from the hustle and bustle of big cities and discover a lesser-known side of Japan.

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Price194 320 USD
Profitability12.85 %
Yearly profit24 970 USD
Monthly profit2081 USD
TypeInvestment unit
LocationHonjo