Yes, there are. This is an example of a successful investment in an office building with a very beautiful exterior located about a 3-minute walk from a station in Tokyo. The total rent and common service fee for each floor is approximately 300,000 yen per month, which is relatively reasonable in Tokyo. Even if one of the floors were to be vacated, it would be possible to find a new tenant relatively quickly.
However, when the previous owner owned the property, there were so many vacancies that it was difficult to sell. Therefore, after the seller did exterior work at his own expense, the price was drastically reduced. After consulting with financial institutions, the conditions for financing were very good, so the investment was decided upon.
After investing, the contents of the monthly expenditure were reviewed and improved to reasonable expenditure, and almost no vacancies and stable rental income have been obtained.
The existing tenants have requested to rent additional rooms on that floor in case of vacancies, so the vacancy risk is low. The investment amount is within 1 billion yen.