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2LDK investment property in Hakata Ward, Fukuoka CityMotomachi 1-chome priced at 1,980 (10K JPY) — member-only listing on FukuokaToday RealEstate.
Investment Note
Located along a main road in Hakata Ward, just a 3-minute walk from the station, this is a place that a wide range of people, from singles to dual-income couples, consistently choose, saying 'this is good enough.' The renovated interior has the immediate appeal to shorten vacancy periods. Minami-Fukuoka is a station where people who commute daily to Hakata and Tenjin naturally gather. The Kagoshima Main Line goes directly to Hakata, and transfers to Tenjin are also convenient. The greatest strength of this location is that it has been consistently chosen not as a special city, but as a 'convenient city.' The 3-minute walk from the station is one of the reasons why households structuring their lives around commuting and schooling choose to pay rent here. The interior was comprehensively renovated in 2010, including the kitchen, bathroom, washroom, and toilet. If the wet areas are new, a tenant's impression is formed before considering the building's age. The current vacancy also means you can choose the next tenant yourself. The monthly cost, combining management fees and repair reserve fund, is kept in the 14,000 yen range, making it easy to project income and expenses. Rental demand in areas designated as commercial zones is stronger than in residential zones. Single professionals, dual-income couples, and transferees – the demographics attracted to this city have the most stable liquidity in the rental market. The value of being '3 minutes from the station' will remain unchanged even 10 years from now. Investment Points: - The condition of being a 3-minute walk from the station consistently attracts single individuals and dual-income households who prioritize commuting and schooling. It possesses the most fundamental location conditions to mitigate vacancy risk. - The interior, with all wet areas replaced, influences the first impression during viewings. An interior condition that is judged as a 'clean room' before considering the building's age directly contributes to maintaining rent levels. - Areas designated as commercial zones have a diverse mix of demand layers in addition to residential use. From singles to two-person households, the range of tenants attracted to this location is wide, creating an environment where it is easy to find the next occupant.