Shinagawa

Investment apartment
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Description

The presented property is an attractive investment apartment located in a rapidly developing district of Tokyo. The building, constructed in 1979, features a solid SRC construction type, ensuring durability and stability. The unit is situated near train stations, providing easy access to public transportation. Currently, the property is fully rented out, ensuring stable rental income, and the high return on investment of 8.27% makes it an appealing proposition for investors. The building comprises 40 units, offering potential for profitable rental activities. However, managing such a property requires solid knowledge of the rental market and an effective approach to tenant management to maintain full occupancy and maximize revenues.

City Description

Shinagawa is a district of Tokyo with a rich history and modern character, playing a key role as one of the main transport hubs of Japan's capital. Shinagawa Station, one of the busiest places in Tokyo, serves as a central point from which Shinkansen trains, local train lines, and the subway extend. This makes it an ideal place to start exploring the rest of the city. In Shinagawa, there are many high-quality hotels that cater to the needs of both tourists and businesspeople. It is also home to many corporations, making it an important business center. Interesting places in Shinagawa include the Tennozu Isle Container Art Center, a gathering place for art and culture enthusiasts. While strolling through the area, it’s worth visiting the Shinagawa Aquarium, which offers a fascinating insight into the underwater world. The Shinagawa-jinja Shrine, with a long history dating back to the 9th century, is another significant site that attracts both locals and tourists. A well-known festival, Shinagawa Shukuba Matsuri, also takes place at the shrine, where visitors can experience traditional Japanese rituals. The Shinagawa district is also a place where the past merges with the future. Here, historic streets evoke the old Japan, alongside modern skyscrapers that testify to the contemporary development and dynamism of this place.

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Price99 731 USD
ProfitabilityProfitability 8.27%
Yearly profit8248 USD
Monthly profit687 USD
TypeInvestment apartment
LocationShinagawa