Suginami

Investment unit
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Description

The offered apartment building is located in one of the developing areas of Tokyo, in the Suginami district, making it an ideal proposition for investors seeking stable sources of income. The property, built in 2009 from wood, features modern architecture and careful finishing. With full occupancy, it provides high rental income, which is an attractive prospect for those looking for a return on investment of 5.82%.

The two-story building consists of 12 residential units, allowing for various arrangements depending on the tenants' needs. Additionally, residents can enjoy added comfort due to the available parking. The property is conveniently located, with easy access to public transport and nearby amenities that enhance the quality of life for residents. These advantages make it a location with significant investment potential.

City Description

Suginami is one of the 23 wards of Tokyo, located west of more well-known areas like Shinjuku and Shibuya. Although often overlooked by tourists in favor of more famous spots, Suginami has its unique character that attracts those who wish to discover a more local side of Tokyo. This district is known for its many traditional temples, including Zenpukuji Temple, whose history dates back over 1200 years. Suginami is also a hub for anime and manga culture, with areas like Ogikubo and Asagaya housing many small studios and comic book shops with a rich selection of comics. A highlight is Asagaya Anime Street, a street filled with shops and cafes related to this art form. It’s also worth noting the festivals that take place in Suginami, such as the Asagaya Tanabata Matsuri, during which the streets are decorated with colorful paper ornaments, creating an extraordinary visual spectacle. Nature enthusiasts can visit the Zenpukuji Park and Ogikubo Park gardens, which offer space for quiet and relaxation. The district is also famous for its delicious regional cuisine, with many local restaurants serving traditional Japanese dishes like Ogikubo ramen, which is considered one of the best in Tokyo. Suginami, with its blend of culture, tradition, and artistic community, offers an invaluable experience for anyone wanting to feel the true rhythm of life in Tokyo.

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Price949 164 USD
ProfitabilityProfitability 5.82%
Yearly profit55 241 USD
Monthly profit4603 USD
TypeInvestment unit
LocationSuginami