Elegant House: A 12-Unit Apartment Building in Sapporo's Shiroishi Ward
Elegant House is a 12-unit apartment building located in the Shiroishi Ward of Sapporo, Hokkaido. The property is situated at Minami 21-chome, Minamigo-dori, and offers convenient access to public transport, being a 9-minute walk from the Sapporo Municipal Tozai Line's Minami-go 18-chome Station.
The building was constructed in July 2003 and is a 4-story steel-framed structure. It has a total floor area of 389.56 sqm (approximately 117.84 tsubo) on a land area of 220 sqm (approximately 66.55 tsubo). The property is currently fully occupied, with all 12 units rented out. Each unit is a 1LDK layout with a private area of 32.02 sqm. The building features an auto-lock security system, a parcel delivery box, and parking space for two vehicles. Unit amenities include a TV monitor intercom and a face-to-face kitchen layout. Heating is provided by kerosene and hot water by LP gas.
Critical agent notes provide essential financial and contractual details. The current annual rental income is 6,348,000 yen, with a current surface yield of approximately 8.46%. It is important to note: The yield is the ratio of annual rental income (including common area fees, etc.) to the sales price, and is calculated before deducting public charges and other expenses necessary to maintain the property. Furthermore, the estimated rent and estimated yield are calculated based on market rent, adding rent for vacant units and assuming full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (As of the survey date: January 16, 2026). An additional note states the property is 'Currently Rented (Tenancy Agreement Takeover Required).'
The neighborhood offers daily conveniences. A park (Yoshidayama Park) is about a 2-minute walk away, and a drugstore (Tsuruha Drug Minami-go 20-chome) and a convenience store (Seven-Eleven Sapporo Minamigo-dori 21-chome) are both within a 2-minute walk. A supermarket is approximately an 11-minute walk, and an elementary school is within a 10-minute walk.
