Investment Opportunity in Kurume: States Kurume 206 Apartment
This property presents a compelling investment opportunity as a one-room apartment within the States Kurume 206 building in Kurume City, Fukuoka Prefecture. The unit is currently tenanted, offering immediate rental income potential with an advertised gross yield of 13.4%. The apartment features a compact yet functional layout with a wall-core exclusive area of 20.68 sqm (approximately 6.25 tsubo) and includes a southeast-facing balcony measuring 1.66 sqm.
The building is a 9-story reinforced concrete (RC) structure built in February 1990, offering secure living with features such as an auto-lock entry system and an elevator. The apartment is equipped with air conditioning, water heating, a refrigerator, lighting fixtures, and an entrance storage area. It is an all-electric unit, which can contribute to manageable running costs. Additional building facilities include a bicycle parking area and a designated garbage disposal area within the premises. A critical note from the agent specifies that there is no space for a washing machine inside the unit itself. Instead, a shared coin laundry space is provided on the first floor of the building for residents' use.
The location offers excellent convenience, being just a 7-minute walk from Hanabatake Station on the Nishitetsu Tenjin Omuta Line. The surrounding Nishi-machi area provides easy access to supermarkets, convenience stores, and restaurants, ensuring daily necessities are within easy reach. For an interesting local excursion, the area is within reasonable distance of the historic Kurume Castle ruins, a site offering a glimpse into the region's samurai past and featuring a reconstructed turret. This property is ideally suited for investors seeking a low-maintenance rental unit in a stable market, with management and future tenant recruitment services fully supported by the handling agent.