Investment Opportunity: Onoyama Apartments in Nōgata City

This listing presents Onoyama Apartments, a four-unit wooden apartment building constructed in December 1988, located in the Ueki district of Nōgata City, Fukuoka Prefecture. The property is currently fully tenanted, offering an immediate income stream for an investor seeking an owner-change opportunity. The listing highlights a projected annual yield of 12.16%, based on anticipated annual rental income of 1,800,000 yen. It is important to note that this yield calculation is based on gross rental income before the deduction of taxes, public charges, and other necessary maintenance expenses, and does not guarantee the actual receipt of this income.

The building spans two stories with a total floor area of approximately 178.74 square meters (about 54.06 tsubo). It sits on a land plot of 232.82 square meters (about 70.42 tsubo), designated as residential land in an area not subject to urban planning zoning. The property does not include dedicated parking facilities. The layout details for the individual units are not specified in the provided notes. The transaction is handled as a general intermediary, and the handover timing is negotiable.

The area of Nōgata City in Fukuoka is part of the wider Chikuhō region, historically known for its coal mining industry. An interesting local fact is that the city hosts the Nōgata Gion Daiko, a vibrant summer festival featuring dynamic taiko drum performances that echo the region's strong community spirit. For visitors, a major nearby attraction is the Kawachi Wisteria Garden in neighboring Kitakyushu, famous for its breathtaking tunnels of cascading purple and white wisteria flowers, typically in full bloom during late April and early May.