Investment Opportunity: Well-Equipped Studio Apartment in Fukuoka
This studio apartment, located in the Shiohara 4-chome district of Fukuoka City's Minami Ward, presents a compelling investment opportunity. The property is currently under a sub-lease agreement, providing a guaranteed monthly income of 21,500 yen, and features a notable surface yield of 10.32%. It is an owner-change property, indicating a potential acquisition for an investor seeking an established rental unit.
The apartment is well-equipped for modern living, featuring air conditioning, an IH cooking heater, a balcony, an auto-lock security system, and is fully electrified. The unit itself offers a private area of 16.64 square meters (approximately 5.03 tsubo) with an additional 2 square meter balcony. It is situated on the 4th floor of a 5-story reinforced concrete (RC) building constructed in December 1986. Monthly fees include 4,000 yen for management and 5,080 yen for the reserve fund. Please note there is no dedicated parking space with this property.