Investment Apartment Building in Hachioji
This three-story reinforced concrete apartment building, constructed in August 1987, is located in the Nakano-Uemachi area of Hachioji City, Tokyo. The property offers a total floor area of 255.04 square meters on a land plot of 300.11 square meters. The building contains nine residential units, consisting of eight 1K apartments and one 2LDK unit, with individual unit sizes ranging from 23.18 to 69.56 square meters.
The property is situated on a corner lot with road frontage of approximately 3.6 meters on the east side and 3.4 meters on the north side, both fronting private roads. The land is zoned for quasi-industrial use with a building coverage ratio of 60% and a floor area ratio of 200%.
This is an owner-change property, meaning the current owner will transfer the existing lease agreements to the new owner. The property is currently tenanted, and the new owner must take over the existing lease contracts. The property has a current annual rent income of 413,400 yen, yielding a current return of 6.4%. The estimated annual rent income at full occupancy is 5,742,000 yen, with an estimated yield of 8.9%. Please note that these yield calculations are based on the ratio of annual rental income (including common area fees) to the sale price, before deducting property taxes and other maintenance costs. The estimated rent and yield are calculated based on market rent levels, adding rent for vacant units assuming full occupancy. Rental income is not guaranteed for the future. Data as of June 21, 2026.
Access to the property includes a 10-minute bus ride from JR Chuo Main Line Hachioji Station followed by a 5-minute walk from Asahikawa Bridge bus stop, a 15-minute bus ride from Keio Line Keio-Hachioji Station followed by a 5-minute walk, or a 25-minute walk from Hachioji Station. Nearby amenities include an Inageya supermarket approximately 820 meters away, a FamilyMart convenience store about 520 meters away, and a Create SD drugstore roughly 630 meters away. The property also has parking available.
