Pure City Kogane 402: Investment Apartment in Central Kokura
This is a rare investment opportunity in Kokura's commercial district. Pure City Kogane 402 is a 1-room apartment located on the 4th floor of a 6-story reinforced concrete building constructed in April 1985. With a specialized floor area of 16.88 square meters and a northwest-facing balcony of 3.24 square meters, the unit offers a practical layout for rental income generation.
The property is currently rented at ¥31,000 per month, providing stable cash flow with an impressive annual yield of 12.4% (¥372,000 expected annual income). As an owner-change property, you acquire both the building asset and the existing tenant relationship, making this an immediately income-producing investment.
Facilities and equipment include city gas connection, air conditioning, hot water system, balcony access, and building elevator for convenient access to the 4th floor. The building features 29 total units with professional management (all-delegation type). Monthly management fees are ¥8,000, with ¥5,000 reserved for maintenance funds. The property is located in a commercial zoning area, offering strong potential for property value appreciation.
The location provides excellent transit access to multiple North Kyushu Monorail stations: Katano Station (7 minutes walk), Kasugaguchi Mihagino Station (8 minutes walk), and Jono Station (17 minutes walk). The area is highly walkable with convenient access to shopping, dining, and services. The nearby Kokura Castle, one of Kyushu's most significant historical landmarks, is approximately 1.5 km away, indicating a well-established, popular neighborhood. Property is available for immediate delivery upon agreement.
