Investment Opportunity: Owner-Change Apartment in Hachioji, Tokyo

This is an owner-change investment property, offering an immediate rental income stream with a tenant already in place. The apartment boasts a calculated annual yield of 9.09%, with projected annual rental income of 864,000 yen. Located in Hachioji City, Tokyo, the property is a 2LDK unit on the 4th floor of a 4-storey reinforced concrete (RC) building constructed in March 1982. The exclusive (wall-center) area is 53.03 sqm (approximately 16.04 tsubo).

Key features and equipment include ample storage space with closets in every room, air conditioning, an indoor washing machine space, city gas, and a bicycle parking area. The property is currently tenanted, and the transfer of ownership can be discussed. The management is self-managed without a live-in superintendent. The monthly management fee is 10,000 yen, and there is no repair reserve fund. Parking is available. The land is designated as a Quasi-Industrial Zone under the City Planning Act.

The area offers excellent daily convenience with multiple shopping options within a short walk, including Business Supermarket Takakura Store (49m), 7-Eleven Hachioji Takakura Minami Store (65m), Co-op Takakura Store (167m), and Super Alps Takakura Store (179m). For transportation, it is a 13-minute walk to JR Hachiko Line's Kita-Hachioji Station and a 21-minute walk to the Chuo Main Line's Toyoda Station. A notable landmark in the wider Hachioji area is the historic Hachioji Castle Ruins, a designated national historic site offering panoramic views and a deep connection to Japan's Sengoku period, located within the Chichibu-Tama-Kai National Park.