Laforet Kashinomori A305: A Convenient Investment Apartment in Iizuka
This property, Laforet Kashinomori A305, is a third-floor apartment located in the Kashinomori district of Iizuka City, Fukuoka Prefecture. Built in January 1980, this reinforced concrete (RC) building offers a solid and low-maintenance structure. The apartment itself features a 3DK layout, providing a dining-kitchen area and three separate rooms, with a total wall-core area of 55.15 square meters (approximately 16.68 tsubo). A key feature is the balcony, which offers 7 square meters of private outdoor space. According to the agent's notes, the property includes a balcony. A special note regarding parking clarifies that parking is available for one car only, at a monthly cost of 4,000 yen.
The apartment is currently tenanted, presenting an immediate investment opportunity with an owner change planned. The projected annual yield is 13.5%, with estimated annual income of 648,000 yen. Monthly fees include a 3,860 yen management fee and a 15,440 yen reserve fund. Its location is highly convenient for commuters, being just an 8-minute walk from Shiniizuka Station on the Gotōji Line. The area of Iizuka is historically known for its coal mining heritage, which played a significant role in Japan's industrial development. A major nearby landmark is the Space World theme park in nearby Kitakyushu, a popular family destination known for its space-themed attractions and rides.
