Bessho Corporation Apartment: A Well-Located Investment in Kitakyushu

This apartment presents a compelling investment opportunity in Kitakyushu's Yahata Nishi Ward. The property, known as Bessho Corporation, is a 5th-floor unit within an 8-story reinforced concrete (RC) building constructed in April 1975. It features a practical 2LDK layout with a total wall-core area of 43.12 square meters (approximately 13.04 tsubo). The unit is currently occupied, and the sale is part of an owner change program. The listing highlights an estimated annual yield of 18.3%, with projected annual income of 348,000 yen. It is crucial to note that this yield is calculated before deducting taxes, public charges, and other necessary maintenance costs, and the projected rental income is not guaranteed.

Regarding building management, the entire complex is under full entrusted management by ANABUKI Housing Service Co., Ltd., with a巡回 (rotating/patrol) management staff system. Monthly fees include a 5,000 yen management fee and a 10,000 yen reserve fund. The property does not include a dedicated parking space or balcony. The location offers access to public transportation, with Chikuhō Electric Railway's Hagiwara Station approximately a 21-minute walk away.

The surrounding area of Yahata Nishi Ward is a well-established residential district. An interesting local fact is that Kitakyushu was formed in 1963 through the merger of five cities, including Yahata, making it one of Japan's earliest designated major cities. For recreation and culture, residents can visit the nearby Kawachi Fujien (Kawachi Wisteria Garden), famous for its stunning, tunnel-like displays of wisteria flowers in spring, which draws visitors from across the country.