Investment Property in Iwakuni, Yamaguchi Prefecture
This property is a detached house located in Muronoki-cho, Iwakuni City, Yamaguchi Prefecture. It was previously operated as a rental property but is now being sold due to the owner's circumstances. The building is currently vacant. The property features a 4LDK layout with a land area of 145 square meters and a building area of 95 square meters. The structure is wood-frame. The property is being sold as-is, based on the public registry.
The location offers excellent access to Iwakuni Station, with the nearest bus stop just a 5-minute walk away. Daily conveniences are within walking distance, including a drugstore within a 5-minute walk and a shopping mall with Uniqlo, Daiso, restaurants, and a supermarket within a 7-minute walk. This accessibility makes the area popular with both families and single occupants, which is a strong point for tenant recruitment. The 4LDK layout caters to family needs and allows for a relatively higher monthly rent. The number of rooms also accommodates telework needs. While there is no parking on the property, there are monthly parking lots nearby. The presence of the US military base in Iwakuni creates a steady demand for rental housing from foreign nationals. Offering the property with furniture and appliances could open up opportunities for short-term rentals or company housing. Access to Iwakuni Kintaikyo Airport is also good, enhancing the location's transportation convenience. The ample land and building sizes offer future potential for resale or rebuilding, making it an asset with diverse exit strategies.