Investment Opportunity: Fully Occupied Apartment Building in Omuta City
This property presents a compelling investment opportunity: a fully occupied, four-unit apartment building currently generating stable rental income. The building, constructed in November 1999, is a single-story wooden structure with a total floor area of approximately 55.34 square meters (16.74 tsubo). The land area is a substantial 510 square meters (154.27 tsubo), providing ample space. The property is situated within a designated Category I Low-Rise Residential Zone in an urbanization promotion area, with a building-to-land ratio of 40% and a floor area ratio of 60%.
Critical agent notes have been translated: The road access situation is detailed as one-sided. The breakdown specifies access from the east: a 4-meter wide public road with a frontage of 5.2 meters. The property is currently fully tenanted, offering an immediate surface yield of 18.4%. It includes parking facilities. The transfer timing is negotiable, and the transaction method is exclusive agency.
The location in the Shiragane district of Omuta City, Fukuoka Prefecture, offers excellent connectivity. It is a mere 12-minute walk from the Kyushu Shinkansen's Shin-Omuta Station, providing high-speed rail access to major cities like Fukuoka and Kumamoto. The area is rich in industrial heritage; Omuta City was a key center for the Miike Coal Mine, a UNESCO World Heritage site. The closest major landmark is the impressive Omuta Coal Industry and Science Museum, which delves into this significant history.