Plannedu Kyukodai-mae: A Well-Located Investment Apartment Building in Iizuka

This property is a four-unit apartment building for sale, offering a solid investment opportunity in Iizuka City, Fukuoka Prefecture. The building, named "Plannedu Kyukodai-mae," is conveniently located just a one-minute walk from the Aida Danchi bus stop, providing easy access to local transportation. The structure is a two-story, lightweight steel building with a total floor area of 158.48 square meters (approximately 47.94 tsubo), built in October 1985. The land area is 150.27 square meters (approximately 45.45 tsubo) and is designated as residential land.

According to the agent's notes, the property is currently tenanted, facilitating an immediate owner change. The projected annual yield is 12.1%, with an estimated annual income of 1,452,000 yen. It is important to note that this yield calculation is based on gross rental income before taxes and maintenance costs and does not guarantee future rental income. The property's facilities include propane gas, a toilet, and a separate bath and toilet. There is no dedicated parking lot on-site.

The area of Iizuka is part of the larger Chikuhō region, historically known for its coal mining industry. Today, it offers a blend of urban convenience and natural scenery. A notable landmark not far from the property is the Iizuka City Astronomical Museum, a popular local attraction for stargazing and learning about the cosmos. The property's proximity to Kyushu Institute of Technology (Kyutech) also suggests a potential student rental market.