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The Mystery of How a 73-Year-Old Abandoned Housing Complex with No Electricity or Gas Is Fully Occupied: What Happens when You Buy an Abandoned Complex for 900,000 Yen and Rent It Out?

Summary by toyokeizai.net
*This article is a re-release of an article originally published in January 2025. A 73-year-old housing complex in Moji Ward, Kitakyushu City, that had been vacant for three years, was sold. The new owner, who had bid 900,000 yen, acquired the property and is now looking for tenants for 10,000 yen per month. Water, electricity, gas, and Wi-Fi are provided.
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*This article is a re-release of an article originally published in January 2025. A 73-year-old housing complex in Moji Ward, Kitakyushu City, that had been vacant for three years, was sold. The new owner, who had bid 900,000 yen, acquired the property and is now looking for tenants for 10,000 yen per month. Water, electricity, gas, and Wi-Fi are provided.

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toyokeizai.net broke the news in on Tuesday, February 10, 2026.
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