Investment Opportunity: Two-Unit Apartment Building in Kurume's Tranquil Uchino District
This property presents a compelling investment opportunity as a two-unit apartment building currently fully tenanted, generating a steady annual rental income of 1,068,000 yen. The estimated annual yield is 7.12%, offering a solid return for investors. The building, constructed in November 2002, is a two-story wooden structure with a total floor area of 127.52 sqm (approx. 38.57 tsubo) situated on a land plot of 206.71 sqm (approx. 62.52 tsubo). The layout for each unit is a spacious 3LDK.
Critical agent notes have been translated for clarity. The equipment and facilities include propane gas, air conditioning, and a shower. Special notes on road access detail that the property fronts a public road to the south, with a width of 5 meters and a paved frontage of 10 meters. An important remark states that this is an owner-change property.
The location in the Uchino district of Kurume City, Fukuoka Prefecture, offers the best of both worlds. As a designated residential area in a田园住居地域 (rural residential zone), it provides a quiet and peaceful living environment. Yet, convenience is not sacrificed, with hospitals, financial institutions, and large supermarkets all within a 1-kilometer radius. The area is known for its serene atmosphere and is part of the larger Kurume region, famous for its traditional Kurume Kasuri (splashed pattern) textiles. The closest major tourist attraction is the historic Kurume Suitengu Shrine, a revered site dedicated to safe childbirth and child welfare, located approximately 8 kilometers from the property.
