Hino

Investment apartment
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Description

The property we present is a spacious investment apartment located in the picturesque Hino district of Tokyo. The building, with its stable RC construction, was completed in February 1999. Residents are only an 8-minute walk from the train station, providing easy access to public transport.

The apartment consists of 15 units, which facilitates high rental income. The property enjoys full occupancy, giving investors confidence in a stable return on investment of 6.58%. Both the location and the current condition of the rented property make it an attractive option for those seeking promising investments in the real estate market.

An aura of comfort and functionality surrounds this timeless apartment, making it an ideal place for both tenants and investors.

City Description

Hino is a city located in the western part of Tokyo Prefecture, which, despite its proximity to the capital, offers unique experiences and attractions. One of the most well-known places in Hino is the Tama Zoological Park, which spans spacious hills and is home to many species of animals, including elephants, lions, and kangaroos. The zoo is particularly known for its large enclosures that strive to replicate the natural environment of its residents, allowing for closer contact with the animals. Hino is also historically linked to the Shinsengumi, a famous group of samurai from the Edo period. The city features Takahata Fudōson, a Buddhist temple that attracts many visitors, not just pilgrims. A walk through the surrounding areas reveals numerous monuments and plaques related to the Shinsengumi, making the city a true haven for history enthusiasts. The Hino-shuku Honjin museum is also worth noting, as it presents daily life during the Edo period, offering a unique insight into local culture and traditions. The nearby parks, such as Chūō Park, provide places to relax and unwind in a natural setting. The local cuisine, featuring tofu and ramen dishes, is also worth trying after a day full of sightseeing. Hino is a place that combines history, culture, and nature, encouraging the exploration of the lesser-known yet equally fascinating corners of Japan.

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Price137 560 USD
ProfitabilityProfitability 6.58%
Yearly profit9051 USD
Monthly profit754 USD
TypeInvestment apartment
LocationHino