+ 7This lucrative investment opportunity presents a 21-unit Minpaku (short-term rental) apartment building located in the vibrant Naniwa Ward of Osaka, a prime location for tourism and business. Built in September 2012, this modern 8-story reinforced concrete building, named "Nihonbashi-higashi 3 b& Tsutenkaku," offers a diversified portfolio of 21 studio-type rental units: seven units each of 25.02 sqm, 28.44 sqm, and 29.02 sqm. The property boasts an exceptional gross yield of 13.9% and a net yield of 8.14%, based on projected revenues from December 2024 to November 2025. This strong performance is driven by its current and active operation as a Minpaku, leveraging Osaka's thriving tourism industry. Key financial figures indicate a projected annual net operating income of approximately 61.36 million JPY, making it an attractive prospect for investors seeking high returns. Strategically situated at Nipponbashi-higashi 3-12-10, the building is just a 3-minute walk (220m) from Ebisucho Station on the Osaka Metro Sakaisuji Line, offering excellent connectivity to major Osaka attractions and business districts. Amenities include an elevator for convenience, and the property benefits from full city infrastructure: electricity, public water, sewage, and city gas. The land area spans 156.28 sqm, with a total floor area of 705.53 sqm, and it holds freehold land rights within an urbanization promotion area zoned for commercial use. This property represents a unique chance to acquire a fully operational and high-performing asset in one of Japan's most dynamic cities.
