Investment Apartment Building in Tagawa City with High Yield Potential
This property is a fully occupied, income-generating apartment building located in Tagawa City, Fukuoka Prefecture. Currently operating at full capacity, it presents a compelling investment opportunity with an advertised annual yield of 17.56%. The building is conveniently situated within walking distance of Tagawa-Gotōji Station, served by multiple rail lines, ensuring strong tenant demand due to its accessible location.
The building was constructed in July 1977, making it approximately 48 years old, and is a two-story wooden structure. It contains a total of four units, each with a 2DK layout. The total building floor area is 112.58 square meters (approximately 34.05 tsubo), situated on a land plot of 99.17 square meters (approximately 29.99 tsubo). The property is located in a Quasi-Commercial District under urban planning regulations. Parking is not available on-site. The transaction involves an owner change, and the handover timing is negotiable. The property is currently tenanted.
The area of Tagawa City is part of the larger Chikuhō region, historically known for its coal mining industry. A notable landmark in the vicinity is the Tagawa City Coal Mining Historical Museum, which preserves the heritage of this significant era in Japan's industrial history. The city offers a blend of historical interest and residential convenience, supported by good rail connections to other parts of Fukuoka Prefecture.
