Lions Mansion Kokura Station South No. 2: A Convenient Investment Apartment in Kitakyushu
This property is a 1K apartment located on the 6th floor of the 10-story Lions Mansion Kokura Station South No. 2 building in Kitakyushu City, Fukuoka Prefecture. With a private area of 20.37 sqm (approximately 6.16 tsubo) and a southwest-facing balcony of 4.29 sqm, the unit offers a compact and functional living space. The building, constructed in September 1991 with reinforced concrete (RC) construction, is well-maintained and features an auto-lock security system for resident safety.
The property is currently tenanted, presenting an immediate investment opportunity with an estimated annual yield of 14.3% and projected annual income of 372,000 yen. It is important to note that this yield calculation is based on gross rental income before taxes and maintenance costs and does not guarantee future rental income. The monthly management fee is 7,090 yen with a reserve fund of 5,300 yen. The apartment comes equipped with air conditioning, a designated indoor space for a washing machine, and the aforementioned balcony.
Located in the Kounan-cho district of Kokurakita-ku, the apartment boasts excellent access to public transport. It is an 8-minute walk from the Kitakyushu High-Speed Railway's Kawaragu-Misaginomachi Station, an 11-minute walk from Tangu Station, and a 15-minute walk from Heiwadori Station. The area is zoned for commercial use, adding to its convenience. The Kitakyushu region is rich in history and culture, having been a major center for Japan's industrial modernization. A key landmark nearby is the historic Kokura Castle, a beautifully reconstructed castle offering panoramic views of the city and housing a museum detailing the area's samurai past.
