Outside Landscape

West Nagahashi Apartment Building

Apartment
Hokkaido / Other Hokkaido Areas
  • 532 sqm
  • 297 sqm
  • 1985

Otaru City, Hokkaido

High-yield investment opportunity in Nagahashi, Otaru City, Hokkaido: a 20-unit apartment building with 17 units currently occupied, generating over ¥6,500,000 in annual rental income. 

With many long-term tenants and the potential to increase occupancy, this property offers the prospect of a double-digit yield. Otaru’s growing tourism sector, fueled by its historical charm, coastal beauty, and proximity to Sapporo, presents an opportunity for long-term appreciation. As the city continues to attract visitors and new residents, this asset is well-positioned for sustained rental income growth and appreciation.

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