
West Nagahashi Apartment Building
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.