Investment Opportunity: 8-Unit Apartment Building in Kitakyushu

This property is an 8-unit apartment building located in the Higashi-Otani 1-chome area of Tobata Ward, Kitakyushu City, Fukuoka Prefecture. The building, constructed in June 1972, is a two-story wooden structure with a total floor area of approximately 324.96 square meters (about 98.3 tsubo) situated on a land plot of 277 square meters (about 83.79 tsubo). The property is currently under a rental management model, presenting a significant investment opportunity with seven of the eight units currently vacant. One unit is rented for 30,000 yen per month.

Critical agent notes have been provided. The equipment and facilities include city gas, a toilet, a separate bath and toilet, and storage space. Special remarks detail the road frontage: the property has frontage on two sides. To the north, it fronts a 6-meter wide public road for 17.5 meters, and to the east, it fronts a 6-meter wide public road for 12 meters. Further essential remarks state that interior and exterior renovations are required. The listing agent notes they are available for inquiries until around 23:00 and can be contacted at 080-1728-9685.

The area of Tobata Ward in Kitakyushu is a historically significant part of the city, known for its role in Japan's modern industrial development. An interesting local fact is that the nearby Space World theme park, which operated from 1990 to 2017, famously featured a roller coaster that looped around a genuine H-II rocket booster. For tourists and residents alike, a major nearby landmark is the Kawachi Fujien (Kawachi Wisteria Garden), renowned for its breathtaking, tunnel-like displays of wisteria flowers that bloom spectacularly each spring, drawing visitors from across the country.