Suginami

Investment apartment
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Description

The presented property is a modern investment apartment located in one of the attractive districts of Tokyo. The building, with solid construction from 1984, consists of five floors and offers 43 residential units. The property is in good condition and currently available for rent, creating opportunities for generating stable income.

Residents have access to convenient transportation connections, allowing quick access to the city center. With full occupancy, the investment guarantees an attractive return on investment of 3.27%. The property is situated on land owned by the owner, which further increases its value.

For motorized residents, parking is available, with a monthly fee charged. This offer may be an interesting option for investors looking for properties with high return 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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Price336 953 USD
ProfitabilityProfitability 3.27%
Yearly profit11 018 USD
Monthly profit918 USD
TypeInvestment apartment
LocationSuginami