Investment Opportunity: Fully Leased Apartment Building in Sasaguri

This offering is for a multi-unit residential building located in the central district of Sasaguri Town, Kasuya District, Fukuoka Prefecture. The structure is a six-story reinforced concrete building constructed in October 1999, comprising a total of 20 residential units. The property is being sold as an owner-change (investor switch) opportunity, with the current lease agreements in place. As of the survey date of May 17, 2026, the building is fully occupied with all 20 units tenanted.

The building has a total floor area of 1412.2 square meters and sits on a land plot of 969 square meters, which includes a setback of approximately 7.35 square meters. The layout for each unit is a 3LDK family-type configuration, with individual unit exclusive areas of 67.98 square meters. The property is zoned for commercial use, with a building coverage ratio of 80% and a floor area ratio of 400%.

The current annual rental income is 16,608,000 yen, representing a gross yield of approximately 4.0% based on the asking price. This yield is calculated as the ratio of annual rental income (including common area fees) to the sale price, before deducting property taxes, public dues, and other maintenance costs. The estimated rental income and yield are based on market rent levels and assume full occupancy. Please note that future rental income is not guaranteed. The lease agreements for the occupied units will need to be taken over by the new owner.

The property is conveniently located just a 4-minute walk from Sasaguri Station on the Sasaguri Line. Nearby amenities include a supermarket (Marukyo Sasaguri) approximately 120 meters away, a drugstore, a bank, a post office, and convenience stores, all within a short walking distance.