Ota

Investment apartment
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Description

We present an investment apartment located in the heart of Tokyo, in the Ōta district. The property features a solid construction from the 1970s, reflecting its durability and stability. Situated just a few minutes' walk from the train station, it offers residents easy access to public transport, which enhances the attractiveness of renting.

The building contains 33 residential units, promoting customer diversity and offering the potential for full occupancy. Rental income reaches a satisfactory level, and the return on investment stands at 7.05%, making this property an interesting proposition on the rental market.

The apartment has parking access, which is a rarity in the densely built-up space of Tokyo, further increasing its appeal. Overall, this makes the property not only comfortable for residents but also profitable for investors.

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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Price58 463 USD
ProfitabilityProfitability 7.05%
Yearly profit4122 USD
Monthly profit343 USD
TypeInvestment apartment
LocationOta