Maison de Chatelaine 319: A Sub-Leased Investment Apartment in Fukuoka

This property is a 1K apartment located in the Maison de Chatelaine 319 building in Fukuoka City's Minami Ward. The unit is currently under a sub-lease agreement, generating a monthly income of 17,000 yen and offering a surface yield of 8.1%. A key feature of this arrangement is that during the sub-lease period, the management fees are covered by the management company, providing a hands-off investment opportunity for the owner. The property is part of an owner-change program with an annual projected yield of 8.1% and an annual projected income of 204,000 yen. Please note that this yield is calculated based on the annual projected rental income against the property acquisition cost before deducting taxes, public charges, and other necessary maintenance expenses, and does not guarantee the actual receipt of the projected rental income.

The apartment itself has a private interior area of 15.28 sqm (approximately 4.62 tsubo) and is located on the 3rd floor of a 6-story reinforced concrete (RC) building constructed in November 1988. The monthly fees include a 5,000 yen management fee and a 4,610 yen reserve fund. There is no balcony or dedicated parking space included with the unit. The building is under full entrustment management with an existing management association and is serviced by a巡回 (rotating/patrolling) manager from the management company, Presto Service Co., Ltd. The current status of the property is tenanted.