Property Overview: Pacific Minami 3-jo (Owner-Change) in Sapporo
This is a sixth-floor unit within a steel-framed reinforced concrete building located in the Chuo-ku district of Sapporo, Hokkaido. The property is currently tenanted and offered as an owner-change investment opportunity. The unit was originally a 2LDK layout but has been converted into a spacious single room (1R) of approximately 21.2 tatami mats (about 35 square meters). The total floor area is 44.37 square meters, with a balcony area of 1.83 square meters. The building was constructed in November 1982 and comprises 120 units in total.
Key facilities include connections to public water and sewer systems, electricity, and city gas. Renovation work was carried out in 2018 (Heisei 30), which included replacing the wall cross (wallpaper) and flooring. The property is managed with a monthly maintenance fee of 7,400 yen and a repair reserve fund of 6,520 yen per month. There is no parking space available.
The location offers excellent convenience. The nearest station, "Bus Center Mae" on the Tozai Line, is about a 5-minute walk away. Additionally, Odori Station and Toyohira Susukino Station are within a 6-minute walking radius, providing access to three subway stations. The property is also a 3-minute walk from Nijo Market and a 7-minute walk from the Sapporo TV Tower. The address is Minami 3-jo Higashi 2-chome, Chuo-ku, Sapporo, Hokkaido. The land rights are for the site area, and the property is situated in a commercial zone with a building coverage ratio of 80% and a floor area ratio of 600%. The current monthly rent is 60,000 yen, with an estimated annual rent of 720,000 yen and a gross yield of 5.21%. Pets and short-term rentals (minpaku) are not permitted.
