Investment Opportunity: Shinsei Mansion Tenjin in Kurume City
This one-room apartment in Kurume City, Fukuoka Prefecture, presents a compelling investment opportunity as an owner-change property. Located just a 3-minute walk from Nishitetsu Kurume Station on the Nishitetsu Tenjin Omuta Line, the unit offers excellent convenience for tenants. The surrounding area is well-equipped with daily necessities, featuring convenience stores, supermarkets, banks, and various restaurants.
The property is equipped with essential facilities for comfortable living. According to the agent's notes, the unit includes an air conditioner, an indoor washing machine space, a balcony, and features building-wide amenities such as an elevator, an auto-lock security system, all-electric power, and an on-site garbage disposal area. The apartment also comes with an electric water heater and a TV monitor-equipped intercom.
Financially, the property is currently tenanted, generating a monthly income of 31,000 yen. Monthly outgoings consist of a 4,920 yen management fee and a 3,410 yen reserve fund. The building itself, Shinsei Mansion Tenjin, is a 7-story reinforced concrete (RC) structure built in September 1985 by Handa Construction, containing 22 units in total. The specific apartment is on the 5th floor with a wall-core exclusive area of 18.97 sqm (approximately 5.73 tsubo) and a balcony of 5.72 sqm.
The Kurume area is historically significant as a major center for the production of traditional kasuri (ikat) textiles. For recreation, residents and visitors can easily access the scenic Mikuma River, a popular spot for walks and cherry blossom viewing in spring, located a short distance from the property's central location.