Investment Apartment Building in Sendai's Aoba Ward
This property is a two-story wooden apartment building located in a corner lot in Komatsushima 3-chome, Aoba Ward, Sendai City, Miyagi Prefecture. Built in February 1999, the building has a total floor area of 246.73 sqm (approx. 74.63 tsubo) on a land area of 354.89 sqm (approx. 107.35 tsubo). The layout consists of eight 1K units and one 2K unit, totaling nine households. The property is currently fully tenanted, generating an annual rental income of 5,383,200 yen, which translates to a current surface yield of approximately 9.86%. A potential full occupancy yield is estimated at 10.0%, with an assumed annual rent of 5,462,400 yen.
Important agent notes have been provided. 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. The assumed rent and assumed yield are calculated based on market rent, adding rent for vacant units to assume full occupancy. Please note that rental income is not guaranteed to be reliably obtained in the future. (Survey date: As of March 20, 2026). A further note states the property is tenanted, and the lease agreements are to be taken over by the new owner.
The building features include CATV and a TV monitor intercom system. It offers parking for five vehicles. The location is approximately a 13-minute walk from Toshogu Station on the JR Senzan Line, providing convenient train access to central Sendai. The area is within a designated Category II Medium-to-High-Rise Exclusive Residential District in an urbanization promotion area.
The Aoba Ward area is known as the political and administrative heart of Sendai City, housing many government offices. A notable nearby landmark is the historic Zuihoden Mausoleum, the ornate resting place of the famous feudal lord Date Masamune, which is a major tourist attraction showcasing magnificent Momoyama-period architecture and surrounded by a beautiful cedar forest.
