Investment Opportunity in Kurume: Forum Kurume Mutsumon Apartment
This property presents a compelling investment opportunity in the city of Kurume, Fukuoka Prefecture. The apartment, located in the Forum Kurume Mutsumon building, is a 1K layout unit with a wall-core exclusive area of 20.3 sqm (approximately 6.14 tsubo). The south-facing balcony adds an additional 3.24 sqm of private outdoor space. The building itself is a 7-story reinforced concrete (RC) structure built in December 1989, featuring an elevator for convenient access. The unit is currently tenanted, generating a monthly income of 26,000 yen, which translates to a projected annual gross yield of 14.57%.
According to the agent's notes, the property is equipped with air conditioning, hot water supply, a balcony, and an elevator. Special notes highlight that the unit has good sunlight exposure and a southern orientation. Monthly fees include a 5,500 yen management fee and a 4,000 yen reserve fund, with an additional 200 yen per month for town fees. There is no dedicated parking space included with the property.
The apartment is situated in the Harakoga-cho district of Kurume City. The area is well-connected, with Hanabatake Station on the Nishitetsu Tenjin Omuta Line approximately a 13-minute walk away. Kurume is a historic city known for its traditional Kurume Kasuri (splashed pattern) textiles. A major landmark near the property is the Kurume Suitengu Shrine, a historically significant shrine dedicated to safe childbirth and child welfare, located within the city center.
