Felt 515

Japanese apartment building for sale in Kitakyushu City of Fukuoka Prefecture.

Building Name:  FELT 515
Type:                Apartment Building
JR Nishi Kokura Station - 280 m - 4 minute walk
JR Kokura Station - 450 metres - 6 minute walk

Price:          2,050,000,000 JPY (2 Billion 50 Million Japanese Yen)

Address:  2-4-5 Muromachi, Kokura Kita Ku, Kitakyushu Shi, Fukuoka Ken, Japan

Room Types:
1LDK x 25 * 2DK x 13 * 2LDK x 25 * 3LDK x 12 * Shop/Office x1 * 1 full floor

Land Size:  1117.00 square metres / 337.89 tsubo
Building Size:  5477.83 square metres / 1657.04 tsubo

Building Construction:  SRC (steel reinforced concrete) Construction
Floors:  15 floors
Ownership:  Freehold
Land Category:  Residential Land
Urban Planning:  Designated For Urbanization
District/Area Classification:  Commercial
Building to Land Ratio:  80%
Floor Area Ration:  400%
Other Rules / Laws:  Semi Fire Prevention District
Constructed:  September 2007 (Heisei Year 19)
Parking:  Yes - 50 Parking Spaces
Current Status:  Rented Out / Tenanted / Occupied
Transfer:  TBD

Road Border:
Borders an 11 metre wide public road on the north side by 17 metres
Borders a 6 metre wide public road on the south side by 17 metres

Other Details:  
Sub-Lease Service (guaranteed rent & parking fees)
Monthly Income Approximately 8,518,048 JPY
Annual Income Approximately 102,216,576 JPY
Gross ROI (hyomen-rimawari) 4.98%

Felt 515 is an excellent apartment building of high quality construction in an absolutely superb location.  It is convenient to both Kokura Station and Nishi Kokura Station, near shopping centers and arcades, yet is situated in a quiet place to live.  Highly recommended as this location is very appealing to renters and tenants.  The parking lot is a huge plus, as well!

If you are considering investing in a Japanese apartment building in Kitakyushu, you should seriously consider the Felt buildings we currently have listed for sale.