Compact 1K Apartment in Kurume City Center with Investment Potential

This well-located 1K apartment on the 9th floor of a 12-story SRC (Steel Reinforced Concrete) building offers a compact yet functional living space in the heart of Kurume City, Fukuoka Prefecture. The property features an 18.15 sqm (approx. 5.49 tsubo) interior with a 7.2 tatami mat Western-style room, an IH cooking heater, a storage space, and a balcony of 2.75 sqm with a western exposure for good natural light. The building is equipped with an elevator and a bicycle parking area, and the unit is serviced by city gas. The property is currently vacant and available for immediate occupancy.

As an owner-change property, it presents a strong investment opportunity with an estimated annual rental income of 264,000 yen, yielding a projected 22% return. The monthly costs include a management fee of 3,000 yen and a repair reserve fund of 1,000 yen. The property is situated in a commercial district, just a 12-minute walk from Kurume Station on the Kagoshima Main Line, offering convenient access to transportation and urban amenities. The building was constructed in January 1991 and comprises 166 total units.