Located in the picturesque town of Biei, this exceptional investment property consists of two all-electric wooden apartment buildings offering a total of 12 units. The property has been successfully operating with 10 units as vacation rentals, generating impressive returns particularly during the peak months of July and August 2023, with monthly revenues reaching approximately 2 million yen.
The property features a prime location, just an 8-minute walk from Biei Station and 14 minutes by car from Asahikawa Airport, making it perfectly positioned to capitalize on increasing domestic and international tourism. All units are 1LDK layouts, with Building I containing 8 units and Building II housing 4 units. The property includes 16 parking spaces and comes fully furnished with appliances.
Currently, the property has potential for higher returns, as it's being managed part-time by the current owner. With dedicated management, the income potential could be significantly enhanced. The property includes modern amenities such as free internet access and updated fire safety equipment.
