Investment Opportunity: Newly Built Apartment Building in Sendai
This property is a newly constructed, two-story wooden apartment building named 'Genes Yonegabukuro II', completed in January 2025. It is an investment property currently generating rental income, located in the Yonegabukuro 3-chome area of Aoba Ward, Sendai City, Miyagi Prefecture. The building offers convenient access to public transportation, being a 14-minute walk from Ategashi Station and an 18-minute walk from Gohashi Station, both on the Sendai Municipal Subway Nanboku Line.
The building has a total floor area of 257.26 sqm (approximately 77.82 tsubo) on a land area of 267.76 sqm (approximately 80.99 tsubo). It contains eight 1K (one-room with kitchen) units, with individual unit sizes ranging from 28.43 to 32.15 sqm. At the time of the survey (April 6, 2026), seven of the eight units are occupied, resulting in a current annual rental income of 5,424,000 yen (a current yield of 3.6%). The projected annual rental income at full occupancy is 6,204,000 yen, which includes parking fees, representing a projected yield of 4.1%.
Special notes from the agent provide critical financial context: The yield is calculated as the ratio of annual rental income (including common area fees, etc.) to the sales price, before deducting taxes, public charges, and other expenses necessary to maintain the property. Furthermore, the projected rent and projected yield are calculated based on market rent, adding rent for the vacant unit to assume full occupancy. It is important to note that rental income is not guaranteed to be reliably obtained in the future.
Additional agent remarks specify that there is a monthly internet cost of 14,960 yen, and the property management contract with the current company will be transferred to the new owner.
The property is situated in a residential neighborhood with nearby amenities including a sports park, clinics, convenience stores, supermarkets like Seiyu, and private Tohoku Gakuin University within a short walking distance. The building features a parking area and is equipped with bathroom dryers and TV monitor intercoms.
