Investment Opportunity: Lafelio Higashisendai Apartment Building in Sendai
This property presents a compelling investment opportunity in the form of Lafelio Higashisendai, a two-story wooden apartment building located in Sendai's Miyagino Ward. The building, constructed in June 2016, offers a total floor area of 171.92 sqm (approximately 52 tsubo) across eight individual 1K units. The land area is 137.24 sqm (approximately 41.51 tsubo). The property is currently under ownership change and is listed for 72 million yen.
Key financial highlights include a projected gross annual rental income of 5,088,000 yen when fully occupied, translating to a projected monthly rent of 424,000 yen per unit. This results in a surface yield of 7.06%. It is important to note the agent's special remarks regarding these figures. The yield is calculated as the ratio of annual rental income (including common service fees) to the selling price, before deducting taxes, public charges, and other necessary maintenance expenses. Furthermore, the projected rent and yield are estimates based on market rates, assuming full occupancy by adding estimated rent for any vacant units. The agent explicitly states that rental income is not guaranteed to be reliably obtained in the future. (Survey date: February 7, 2026).
The current occupancy status is "賃貸中 (賃貸借契約引継要)," meaning the property is tenanted, and the lease agreements are to be taken over by the new owner. The building is situated within a 6-minute walk from JR Tohoku Main Line's Higashisendai Station, providing excellent access. The location offers daily conveniences, with Sendai Municipal Higashisendai Elementary School and Junior High School within a 4-minute walk, Annai Park a 4-minute walk away, and several convenience stores and supermarkets nearby.
