Maison de Ocean: An Investment-Ready Apartment in Fukuoka's East Ward

This property, Maison de Ocean, is a well-situated apartment located in the Misakizaki 2-chome area of Fukuoka City's East Ward. The building is a 5-story reinforced concrete (RC) structure built in February 1989, containing a total of 86 units. This specific unit is a compact 1K layout with a wall-core exclusive area of 16.29 sqm (approximately 4.92 tsubo). Monthly common charges are 4,000 yen with a reserve fund of 7,350 yen. The unit is currently tenanted, presenting an immediate investment opportunity.

According to the agent's notes, the property's facilities include city gas, hot water supply, and a delivery box. The key recommended points highlight its convenient location, being an 8-minute walk from Nishitetsu Kashii Station on the Nishitetsu Kaizuka Line, and the presence of a convenient delivery box for when residents are not at home. This is an owner-change property with the following financial details: a current monthly rent of 14,000 yen, an annual income of 168,000 yen, and a yield of approximately 9.3%. It is important to note that this current yield is the ratio of the annual current rental income to the sales price before deducting public charges, management fees, and other necessary expenses for maintaining the property. The current annual rent is calculated based on the present rent, and rental income is not guaranteed to be reliably obtained in the future.

The surrounding area of Fukuoka's East Ward offers a blend of residential calm and good connectivity. An interesting local fact is that the nearby Kashii area is historically significant as the site of the ancient Kashii Shrine, one of the oldest Shinto shrines in Kyushu. The closest major landmark is the iconic Fukuoka Tower, a 234-meter tall seaside tower in the neighboring Sawara Ward, offering panoramic views of Hakata Bay and the city.