Investment Apartment Building in Kokubunji, Tokyo
This investment property is a two-story wooden apartment building located in Fujimoto 1-chome, Kokubunji City, Tokyo. The building, constructed in March 2006, offers a total of 8 rental units, each with a 1K layout and a private area of 18 square meters. The total building area is 127.5 square meters (approximately 38.56 tsubo), situated on a 132.23 square meter (approximately 39.99 tsubo) corner plot of land. The property is conveniently located within a 10-minute walk of JR Chuo Main Line's Kunitachi Station, providing excellent access to central Tokyo.
Key features include an auto-lock security system for the entire building and recent renovations, including exterior wall painting and roof repairs completed in 2020. The property is currently fully occupied, generating a current annual rental income of 4,620,000 yen, which corresponds to a yield of 6.1% based on the asking price of 74,800,000 yen. The agent provides important notes regarding these figures: The yield is calculated as the ratio of annual rental income (including common area fees, etc.) to the sale price, before deducting taxes, public charges, and other expenses necessary to maintain the property. Furthermore, the estimated rent and yield are calculated based on market rents, adding rent for vacant units to assume full occupancy. It is also noted that rental income is not guaranteed to be reliably obtained in the future. (Survey date: March 8, 2026). An additional note states there is a private road ownership share of 13.48 square meters.
The surrounding area in Kokubunji is well-serviced with daily amenities, including a supermarket within a 5-minute walk and a convenience store just 3 minutes away. For investors, the property presents a turnkey opportunity with stable, existing tenants. The area is part of Tokyo's comfortable western suburbs, known for a blend of residential calm and good connectivity. An interesting local fact is that Kokubunji City is named after the Kokubun-ji temples established by imperial order across Japan in the Nara period (8th century). The closest major tourist attraction is the historic Shōfuku-ji Temple, a designated Important Cultural Property with a beautiful thatched-roof main hall, located a short distance from the city center.
