Property Overview: 1K Apartment in Hachioji, Tokyo
This is a 1K used condominium unit located in the Oizumi-cho area of Hachioji City, Tokyo. The property is on the 11th floor of a 14-story building constructed from steel-framed reinforced concrete (SRC) in November 1991. The total floor area is 20.79 square meters (approx. 6.28 tsubo) as measured by wall center method, and it features a 3.24 square meter balcony. The room layout consists of a single 7-tatami mat Western-style room and a kitchen area.
The property is equipped with a system kitchen that includes an IH cooking heater, a storage space, a closet, an air conditioner, internet connectivity, and an indoor washing machine space. Building amenities include an auto-lock system, a monitor-equipped intercom, city gas supply, a water heater, an elevator, and bicycle and motorcycle parking spaces. The current status is vacant, and the timing for handover is negotiable. The property is being sold under an owner-change (オーナーチェンジ) arrangement, with an annual expected rental income of 480,000 yen and a projected gross yield of 8.13%. The current tenant is scheduled to move out in May.
The unit is a 1-minute walk from the nearest bus stop and a 10-minute walk from JR Chuo Main Line's Nishi-Hachioji Station. The surrounding neighborhood includes amenities such as the Daiei Nishi-Hachioji store (651m away), a Lawson convenience store (516m away), and various dining options. The building has a total of 142 units and is managed by a partially outsourced management company with daytime staff.
