Fukujin Apartment: A Well-Maintained Investment Property in Omuta
This listing presents the Fukujin Apartment, a two-unit investment property located in Omuta City, Fukuoka Prefecture. The building, constructed in December 2001, is a two-story steel structure with a total floor area of approximately 92.74 square meters (about 28.05 tsubo). The property sits on a land area of 165.3 square meters (about 50 tsubo) in a flat, residential zone designated for mid-to-high-rise housing.
According to the agent's notes, the property's equipment and facilities include propane gas, hot water supply, toilet, separate bath and toilet, shower, indoor space for a washing machine, and a bicycle parking area. A critical special note is that the building is unregistered. It consists of two 2DK units. The estimated gross yield is 9.76%. The buyer will be responsible for the actual costs associated with the maintenance, inspection (including disinfection of treated water), and cleaning of the septic tank. It is also noted that a tenant on the second floor has plans to vacate.
The property is currently tenanted, offering immediate rental income. It includes a free parking space. The location provides access to the Kagoshima Main Line's Yoshino Station, approximately a 25-minute walk away. The area of Omuta has a rich industrial history, having been a major center for coal mining and chemical production, which shaped much of the city's development. A notable nearby landmark is the Omuta Coal Industry and Science Museum, which offers insights into the region's pivotal role in Japan's modernization.