Investment Opportunity: Two-Unit Apartment Building in Kitakyushu's Yahata Higashi Ward

This property is a two-unit apartment building located at 8-18 Sanno 2-chome, Yahata Higashi-ku, Kitakyushu City, Fukuoka Prefecture. The building is a single-story wooden structure built in November 1956, making it approximately 69 years old. It sits on a land area of 109.42 square meters (approximately 33.09 tsubo) and has a total floor area of 58.67 square meters (about 17.74 tsubo). The property is currently for sale as a whole building.

Critical agent notes provide essential details. The equipment includes propane gas, hot water supply, and a separate bath and toilet. Important special notes must be highlighted: The exact date of construction is unknown (the listed date is an estimate). Furthermore, a portion of the building is unregistered. The building consists of two 3DK-type units, with one unit currently vacant. The projected annual yield at full occupancy is 13.04%.

The property is situated in a First Category Residential Zone within an urbanization promotion area. It is currently tenanted, and the sale represents an owner change. The layout is 3DK for each unit, and there is no dedicated parking available. The building has been set back from the road.

The area, Yahata Higashi-ku, is a historic part of Kitakyushu City with a strong industrial heritage. An interesting local fact is that the nearby Space World theme park, now closed, was once a major attraction built on the site of a former steelworks, symbolizing the city's transformation. The closest major landmark is the iconic Kawachi Wisteria Garden in neighboring Yahata Nishi-ku, famous for its breathtaking tunnels of vibrant wisteria flowers, which draw visitors from across Japan and internationally.