Hachioji

Investment apartment
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Description

This property is an apartment in a multi-family building, constructed with a reinforced concrete structure in 1989. The building has four floors. The land on which the building stands is owned outright. Currently, all apartments in the building are rented, generating a high return on investment.

City Description

Hachioji is a dynamic town located on the western outskirts of Tokyo Prefecture, representing a harmonious blend of modernity with traditional elements of Japanese culture. One of the main attractions for tourists is Mount Takao, considered one of the most beautiful places for hiking in the Tokyo area. The ascent to its peak offers unforgettable views of the surrounding landscape, as well as the opportunity to visit the Yakuoin Temple, where aspects of Shingon Buddhism can be explored. The natural wealth of Hachioji is evident in the numerous parks and gardens, such as Central Park and Fujimori Park, which serve as oases of tranquility in the densely populated region. The city is also known for its traditional silk production, which can be explored in local workshops and museums dedicated to this craft. For history enthusiasts, Hachioji offers the chance to visit the ruins of Hachioji Castle, a testament to the region's rich past dating back to the Muromachi period. In the network of streets, one can also find numerous galleries and museums, such as the Hachioji Yume Art Museum, which regularly hosts exhibitions of contemporary Japanese and international art. With excellent transport links, Hachioji is easily accessible from both central Tokyo and other parts of Japan, making it an attractive destination for tourists wanting to explore the diverse faces of the country.

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Price28 787 USD
Profitability17.25 %
Yearly profit4966 USD
Monthly profit414 USD
TypeInvestment apartment
LocationHachioji