Uptown Heights: A Prime Investment Apartment Building in Central Sapporo
Uptown Heights is a well-established apartment building located in the highly desirable Chuo Ward of Sapporo, Hokkaido. Constructed in September 1997, this 10-story reinforced concrete (RC) structure offers a solid investment opportunity with a total floor area of 931.82 sqm (approximately 281.87 tsubo) on a land area of 284.57 sqm (about 86.08 tsubo). The property is situated in a commercial neighborhood within the urbanization promotion area, with a building-to-land ratio of 80% and a floor area ratio of 300%.
The building is fully equipped with essential amenities for modern living and security. Facilities include propane gas, air conditioning, an elevator, a parcel delivery box, separate bath and toilet, a dedicated indoor washing machine space, fiber-optic internet, storage space, an auto-lock security system, security cameras, and a bicycle parking area. Special notes from the agent provide critical investment details: the building has a total of 29 units, including 2 tenant spaces. As of January 2026, the building is fully occupied and generating rental income. Additional benefits for residents include free internet, road heating, and an on-site coin laundry. The projected full-occupancy yield is 5.13% (as of January 2026), though prospective investors are advised to check the latest occupancy status and yield figures on the rent schedule.
The location offers exceptional convenience, being just a 1-minute walk from Maruyama Koen Station on the Sapporo Municipal Subway Tozai Line. It is also within a 6-minute walk of Nishi 28-chome Station and a 15-minute walk of Nishi 18-chome Station, providing excellent access to Sapporo's comprehensive transit network. The area around Maruyama Koen Station is known for its proximity to Maruyama Park, a vast public space famous for its cherry blossoms in spring and the historic Hokkaido Shrine, a major cultural landmark. This combination of a fully tenanted, well-equipped investment property in a central location with strong transport links and nearby cultural attractions presents a compelling opportunity.
