City Mansion Yakuin 2

A vintage investment property in the Yakuin area, just one stop from Tenjin, which has continuously attracted rental demand for over half a century. The fact that it is currently rented embodies the robustness of this area. Yakuin is an established area known as Fukuoka's premier 'livable city center,' where the hustle and bustle of Tenjin meet the tranquility of a residential neighborhood. Restaurants, cafes, supermarkets, hospitals—everything necessary for daily life is within walking distance, and Tenjin is just one stop away on the Nishitetsu Tenjin Omuta Line. This location has supported a broad range of tenant demand for many years, from single professionals to DINKs commuting to the city center. Built in 1960, this building, more than just its age of over 60 years suggests, has a deeply rooted presence in the area. Its multi-room layout meets the needs of tenants who desire private rooms even in the city center, and the fact that it is currently rented quietly proves the continuity of this demand. The stability of a 'building integrated into the town,' which new constructions lack, also influences tenant retention rates. When viewing Fukuoka's real estate market from overseas, opportunities to find the three conditions of 'close to station, city center, and currently occupied' in the early 20 million yen range are not common. The depth of rental demand that the name Yakuin holds will likely remain unchanged even 10 years from now. This property realizes a form of investment where rent quietly accumulates while management is entrusted from afar.

Investment Points: - Located in the Yakuin area, just one stop from Tenjin, and currently rented—the strength of the location underpins the continuity of demand. - The 'sense of integration into the town' that a vintage property over 60 years old possesses leads to a sense of security for tenants that new properties cannot offer. - A rare investment opportunity that combines the three conditions of city center, close to station, and currently occupied, all within the early 20 million yen price range.