CASATAGAJYO: A Modern Investment Apartment Building in Tagajo City, Miyagi
This property is a three-unit apartment building named CASATAGAJYO, located in Kasagami 2-chome, Tagajo City, Miyagi Prefecture. Constructed in November 2022, this relatively new wooden two-story building offers a total floor area of 132.38㎡ (approximately 40.04 tsubo) on a land area of 129.57㎡ (approximately 39.19 tsubo). The building layout consists of three separate units: one 1K unit, one 1LDK unit, and one 3LDK unit, with individual unit sizes ranging from 32.08㎡ to 68.21㎡.
A key feature of this property is its solar power generation system. The system generated an annual income of 182,563 yen from October 2023 to September 2024. The building faces southwest, ensuring good sunlight and ventilation. The property is currently tenanted.
From an investment perspective, the property has an asking price of 49,800,000 yen. The estimated annual rental income at full occupancy, including parking fees for two cars, is 2,580,000 yen, suggesting a potential gross yield of approximately 6.0%. It is critical to note the agent's remarks regarding these figures: The yield is the ratio of the annual rental income (including common area fees, etc.) to the sales price, and is calculated before deducting taxes, public charges, and other expenses necessary to maintain the property. Furthermore, the estimated rent and yield are calculated based on market rents, adding rent for vacant units to assume full occupancy. Importantly, rental income is not guaranteed to be reliably obtained in the future. (Survey date: as of July 7, 2025). A second note reiterates that the assumed yield is the ratio of the annual estimated rental income (including common area fees) to the sales price, before the deduction of taxes, public charges, and other necessary maintenance costs.
The location offers convenient daily amenities. A FamilyMart convenience store is about a 2-minute walk (100m) away, and Shimizu Park is approximately a 3-minute walk (220m). For transportation, the closest station is Shimmachi Station on the JR Senseki Line, which is about a 15-minute walk (1,150m) from the property.
