Form Ohashi: A Compact Investment Apartment in Fukuoka
This property is a compact 1K apartment located in the Form Ohashi building in Minami Ward, Fukuoka City. The unit offers a private, wall-core measured area of 16.42 square meters (approximately 4.96 tsubo), providing a functional living space. A key feature of this apartment is its balcony, adding a valuable outdoor extension to the living area.
The building itself is a reinforced concrete (RC) structure, built in June 1990, making it approximately 35 years and 9 months old. It is a four-story building, with this particular unit situated on the second floor. Monthly management fees are 4,700 yen, with an additional 4,000 yen in reserve funds. The property is currently owner-occupied and is being offered as an investment opportunity with an owner change. The listing highlights an estimated annual yield of 11.67%, with projected annual income of 303,600 yen. It is important to note that this yield calculation is based on projected rental income before deducting taxes, public charges, and other necessary maintenance expenses, and does not guarantee the actual receipt of that income.
The apartment is situated in the Mitsuake 3-chome area of Fukuoka's Minami Ward. The neighborhood is served by local schools such as Fukuoka City Mitsuake Elementary School and Fukuoka City Yokote Junior High School. For transportation, the nearest major station is the Nishitetsu Tenjin Omuta Line's Ohashi Station, approximately a 19-minute walk away. The area is designated as a quasi-industrial zone. A notable landmark within a reasonable distance is the Fukuoka PayPay Dome, a major multi-purpose stadium and home to the Fukuoka SoftBank Hawks baseball team, which is a significant draw for sports and entertainment events in the region.
