Suginami
Investment apartment
The offered property is a modern investment apartment located in a dynamically developing district of Tokyo. The building, constructed in 1980 with a solid reinforced concrete structure, consists of nine floors and houses 29 apartments. Thanks to its location, just three minutes on foot from the metro station, it provides residents with excellent access to public transport, making it an attractive destination for those seeking rental in this part of the city. Currently, the property enjoys full occupancy, confirming a stable rental income of 5.69% ROI. The apartments in this building attract a diverse range of tenants, from students to employees of young companies, which further enhances the investment’s profitability. An additional advantage is the availability of parking, which is a rarity in this area. The property is well-maintained, indicating regular maintenance work and care in its management. It’s an ideal place for those interested in stable real estate investments in Tokyo.
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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