Investment Opportunity in Kokura: 11% Yield 1K Owner-Change Apartment
Dynacourt Kokura Shitotodutsu II is a compact yet well-equipped 1-bedroom apartment located in Kokura, Kitakyushu. This owner-change property presents an excellent investment opportunity with an 11% annual yield, currently generating rental income of 31,000 yen per month from an existing tenant. The property, built in June 1993, occupies the 10th floor of an 11-story reinforced concrete structure, offering a bright south-facing orientation with beautiful natural light and excellent views.
The apartment spans 20.35 square meters with a well-designed 1K layout featuring one spacious Western-style room with flooring and a 2.5-sized kitchen. The unit includes comprehensive facilities for modern living: city gas, air conditioning, hot water supply, IH cooking stove, indoor washing machine placement with an enclosed door to minimize visual clutter, and cable TV reception. Premium features include an elevator, auto-lock security entry with TV monitor interphone, bicycle parking, security cameras, and a generously-sized balcony measuring 3.02 square meters ideal for enjoying views of the nearby Kyushu University of Nutrition and Welfare.
One of the property's standout features is the separate bathroom and toilet arrangement—a significant convenience often valued by renters. The bathtub is appropriately sized, and the unit benefits from excellent storage solutions throughout, including entrance closet space. Climate control is well-handled with air conditioning for year-round comfort, whether summer or winter. Note that pets are not permitted.
The location offers exceptional accessibility for commuters and students, positioned within walking distance of multiple educational institutions: Kitakyushu Dental University (10 minutes on foot), Kyushu University of Nutrition and Welfare (3 minutes), Higashichikushi Junior College (4 minutes), and Seinan Jo Gakuin University (11 minutes). The nearest major railway station, Minami-Kokura on the Nippo Main Line, is a 16-minute walk away. Kokura, known for its historic Kokura Castle—a significant landmark and symbol of the city's heritage—is an established commercial district with excellent infrastructure and amenities. This property combines solid investment fundamentals with a vibrant neighborhood rich in educational and cultural institutions.
