Encrest Hakata East Park

A 7-year-old, currently rented 1LDK owner-change property. The stable management system of a large-scale condominium located in a commercial zone and its 4-minute walk from the station support continuous rental demand in Hakata Ward.

A 4-minute walk from Chiyo-Kenchōguchi Station on the Fukuoka City Subway Hakozaki Line. The Chiyo area in Hakata Ward is expected to have stable rental demand from single working professionals, such as office workers and medical personnel in the Prefectural Office, City Hospital, and Yoshizuka areas.

As it is currently a rented owner-change property, it is an immediate-operation type of investment where income is generated immediately after handover. There is no need to recruit tenants or bear initial vacancy risk after purchase, and the ease of forecasting cash flow is a particularly significant advantage for overseas investors.

This large-scale reinforced concrete condominium with a total of 256 units can expect management by a homeowners' association that leverages economies of scale, and the repair reserve fund is kept low at 3,500 yen per month. The total of management fees and repair reserve fund is a clear 12,700 yen per month, making it easy to estimate running costs.

Being only 7 years old, the risk of equipment obsolescence is low, and there is ample time remaining until the next major renovation cycle. Located in an area designated as a commercial zone, it is well-equipped with convenient facilities (supermarkets, convenience stores, medical institutions), creating an environment that enhances tenant satisfaction. The mid-30-million-yen price range is a level that allows for easy consideration of the balance between acquisition cost and operation, given its conditions of being near a station in Hakata Ward, relatively new construction, and large-scale management.

Investment points: - Currently rented owner-change property ── Immediate income generation with rental revenue starting right after purchase, beginning with zero vacancy risk. - Large-scale reinforced concrete construction with 256 units, 7 years old ── The management system of a large condominium and the reliability of new equipment suppress maintenance costs during long-term ownership. - 4-minute walk from Chiyo-Kenchōguchi Station, located in a commercial zone ── Strong demand from single working professionals in the Prefectural Office and City Hospital areas as the primary rental target.