Investment Apartment Building in Sendai's Miyagino Ward
This property is a two-story wooden apartment building located at 1-chome, Miyagino, Miyagino Ward, Sendai City, Miyagi Prefecture. The building was constructed in May 1987 and consists of five residential units. The total building area is 198.74 sqm (approximately 60.11 tsubo), situated on a land plot of 181.39 sqm (approximately 54.87 tsubo). The property is currently tenanted, and a special note indicates that the existing lease agreements are to be transferred to the new owner.
The building offers convenient access to daily amenities. It is a 4-minute walk from the Tsubakigaoka Station on the JR Senseki Line. Within a short walking distance are multiple supermarkets, including a Miyagi Co-op store (2 min walk) and a Seiyu store (6 min walk). Other nearby facilities include a drugstore (1 min walk), a post office (2 min walk), convenience stores, a park, and medical clinics. Elementary and junior high schools are within a 10-minute walk.
Each apartment unit has a private area ranging from 30 sqm to 42.98 sqm, and the building layout is designated as 1LK. The property includes parking. The front roads have widths of approximately 6.1 meters and 5.9 meters. The current annual rental income is 2,688,000 yen with one unit vacant. The projected annual rental income at full occupancy is 3,288,000 yen, with a projected yield of 3.69% based on the asking price of 89,000,000 yen.
