Lions Mansion Nishi-Hachioji 3: A Compact Investment in a Quiet Hachioji Neighborhood
This property is a 1K apartment for sale within the Lions Mansion Nishi-Hachioji 3 building, located in a quiet residential area of Hachioji City, Tokyo. The apartment offers a peaceful living environment away from the hustle and bustle of the city center. The unit features a built-in storage space, allowing for efficient organization and helping to maintain a tidy and uncluttered living space.
Translated from the agent's notes, the property's equipment includes storage space, hot water supply, and an elevator. A special note highlights that the location is in a quiet residential neighborhood. Additional remarks specify that the transaction is a general intermediary (open listing) and that the floor plan should be considered as indicative, with the current condition taking priority.
The apartment has a private wall-core area of 18.9 sqm (approximately 5.71 tsubo) and is situated on the 7th floor of a 10-story reinforced concrete (SRC) building constructed in January 1990. The balcony measures 3.37 sqm with a primary eastern exposure. The building is professionally managed. The property is currently tenanted, with an estimated annual rental income of 420,000 yen and a projected yield of 9.33%. An owner change is scheduled for the year.
The area of Yagicho in Hachioji provides a serene residential setting while maintaining good access to central Tokyo via the Chuo Main Line. An interesting fact about Hachioji is that it is home to Mount Takao, a popular hiking destination and natural monument that attracts millions of visitors annually for its scenic beauty and historic temple. The closest major landmark from this property is the historic Hachioji Castle ruins, a site of significant cultural heritage offering panoramic views and a glimpse into the region's samurai past.
