Panasia I - Multi-Unit Residential Investment
Panasia I is a 4-unit apartment building in northern Omuta City, Fukuoka Prefecture, offering an owner-change investment opportunity with existing tenants. Built in September 1981 with a light-weight steel frame, this 2-story building covers 240.77 square meters of land and 146.16 square meters of floor space.
The property features recently renovated interiors. According to the seller's notes, comprehensive interior renovations were completed before current residents moved in, ensuring clean, well-maintained conditions that support tenant satisfaction and retention. The building is equipped with propane gas utilities for heating and cooking.
Transportation access is convenient with three stations nearby: Yoshino Station on the Kagoshima Line (13-minute walk), Kuranaga Station on the Nishi-Tetsu Tenjin-Omuta Line (14-minute walk), and Higashi-Amagi Station also on the Nishi-Tetsu line (19-minute walk). This accessibility enhances both tenant appeal and long-term marketability.
The building currently generates rental income from all four occupied units, making it an immediate income-producing asset for owner-change buyers. No dedicated parking is included on-site; however, monthly parking options are available nearby for tenant use.
Omuta City developed around Japan's coal mining industry, representing an important chapter in the country's industrial heritage. The closest major landmark is the Omuta Art Museum, which features contemporary Japanese artwork and provides cultural attractions in this historic industrial city.
The property is listed at ¥11.5 million through exclusive agency representation.