Ota

Investment apartment
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Description

We present a property located in a dynamically developing district of Tokyo, ideal for investors seeking high rental income. The investment apartment is situated in a solidly constructed building from 1991, ensuring high quality and durability.

Currently, the property enjoys full occupancy, translating to a stable ROI of 7.83%, making it an attractive proposition for individuals looking for effective capital management. With close access to public transportation, tenants can benefit from convenient travel, further increasing rental value.

The property is in a five-story building that houses 41 units, providing the opportunity to establish relationships with other tenants. Additional benefits include the presence of parking spaces, which is a rarity in this area. This is an ideal place for an investor who values stability and growth prospects.

City Description

Ota is one of the 23 special wards in Tokyo, serving as an important transportation hub and full of various attractions. It is known for Haneda International Airport, one of the busiest in the world, making it a key point for experiencing Japanese culture. It is worth visiting the historic Ikegami Honmon-ji Temple, which is a pilgrimage site and one of the oldest Buddhist complexes in Tokyo. Every year in September, the Oeshiki Festival is held here, attracting crowds with impressive parades and traditional lantern decorations. Ota also boasts a rich culinary scene. The Kamata district is famous for unique dining experiences, where you can taste classic Japanese dishes like ramen and sushi, as well as a variety of world cuisines. Art lovers will find something for themselves at the Ota City Folk Museum, which showcases the history and culture of the local community. For nature enthusiasts, Heiwa-no-Mori Park offers a respite in a green setting and opportunities for outdoor sports. Another interesting place is Ōmori Furusato-no-Hamabe Park, which provides views of Tokyo Bay and is known for having been exploited in the past as a shellfish fishing ground. Ota's space combines tradition with modernity, with residents taking care to preserve cultural heritage while also embracing innovation.

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Price65 341 USD
ProfitabilityProfitability 7.83%
Yearly profit5116 USD
Monthly profit426 USD
TypeInvestment apartment
LocationOta