Investment Apartment Building in Sendai's Izumi Ward
This property is a multi-unit apartment building located in the Tenjinzawa 1-chome area of Izumi Ward, Sendai City, Miyagi Prefecture. The building, constructed in October 1995, is a two-story wooden structure containing nine residential units. Each unit is a 1K layout with a dedicated area of approximately 26.48 square meters. The total building floor area is 238.48 square meters, situated on a land plot of 417.13 square meters.
The property is currently tenanted, generating a current annual income of 2,016,000 yen. The estimated full occupancy income is 4,056,000 yen, representing a gross yield of 14.7%. The front road width is over 6 meters. The property is located in a quiet, green residential area. The land has all ownership rights and is zoned for Category 2 Medium-to-High-Rise Residential use, with a building coverage ratio of 60% and a floor area ratio of 200%.
Access to public transportation involves a 10-minute bus ride from Izumi-Chuo Station on the Sendai Subway Nanboku Line, followed by an 8-minute walk from the Jutakumae bus stop. The property is also a 28-minute walk from Izumi-Chuo Station. Nearby amenities include a children's park (3 minutes on foot), a Seven-Eleven convenience store (10 minutes), a Welcia drugstore (11 minutes), and a York Benimaru supermarket (13 minutes).
