City Heights Igisu II: A Well-Established Apartment Building Investment in Iizuka
Presenting City Heights Igisu II, a four-unit apartment building located at 590-1 Igawa, Iizuka City, Fukuoka Prefecture. This steel-framed property, constructed in September 1990 (approximately 35 years and 6 months old), offers a solid investment opportunity with a projected annual yield of 9.99% and an estimated annual income of 1,648,800 yen. The property is currently tenanted, facilitating an immediate owner change.
The building spans two stories with a total floor area of 158.98 sqm (approximately 48.09 tsubo). It sits on a land area of 330 sqm (approximately 99.82 tsubo) with a triangular plot shape. A key feature is the availability of on-site parking. The property's water supply comes from a well. Critical agent notes regarding road access detail that the property fronts on one side, specifically to the southwest.
