8
408.15m²
For Sale
Sapporo Higashi-ku Corner-Lot Apartment | 10.07% Yield | 7 Indoor Garages
JPY 37,000,000
Kita 47-jo Higashi 2-chome, Higashi-ku, Sapporo
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Property Highlights
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-Structure: Wood & Reinforced Concrete (RC), 3-Story
-Layout / Unit Count: 8 Units (1LDK x 6, 2LDK x 2)
-Built: April 1991
-Building Area: 408.15㎡ / Land Area: 196.46㎡ (freehold, registered area)
-Zoning: Category 2 Medium-to-High-Rise Exclusive Residential (building coverage 60%, or 70% with the corner-lot allowance / floor-area ratio 200%)
-Corner Lot: 11m public road on the north side (11.33m frontage) and 10.9m public road on the west side (10.11m frontage)
-Parking: 7 indoor garage spaces + 1 outdoor space
-Utilities: LP gas, kerosene, electricity, public water and sewer
-Repair History: Common-area lighting replaced (February 2023), roof repainted (May 2025), partial exterior wall repairs (June 2025)
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Investment Highlights
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-Annual Rental Income at Full Occupancy: JPY 3,727,200
-Gross Yield at Full Occupancy: 10.07%
-Occupancy: 7 of 8 units leased
-Property Taxes (2026): JPY 141,000 per year
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Access & Surroundings
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-Asabu Station (Subway Namboku Line): Approx. 15-minute walk
-Taihei Station (JR Sassho Line): Approx. 14-minute walk
-Bus Stop: Approx. 5-minute walk
-Convenience Store (Seicomart): Approx. 400m
-Supermarket (Seisen Ichiba): Approx. 500m
-Supermarket (Lucky): Approx. 5-minute drive
An eight-unit corner-lot apartment building in Sapporo’s Higashi Ward with a 10.07% gross yield at full occupancy; seven units are currently leased. Seven indoor garages are a practical feature in Sapporo’s snowy winters, and the roof was repainted in 2025. Two rail lines are within a 15-minute walk: the Namboku subway line from Asabu Station, which runs directly to Sapporo Station and Odori, and the JR line from Taihei Station.
Property Details
Price:
JPY 37,000,000
Year Built:
1991
Property Type:
Apartment Building
Bedrooms:
8
Bathrooms:
Structure:
Wooden
Property Size:
408.15m²
Land Area:
196.46m²
Land Rights:
Ownership
Parking Space:
Type of Transaction:
Brokerage
Status:
Rented
Building Coverage Ratio:
60%
Floor Area Ratio:
200%
City Planning:
Urbanization Promotion Area
Land Use Zoning:
Second Upper-Middle Residential Zone
Land Category:
Residential Land
Transport:
Asabu Station (Subway Namboku Line): 15-minute walk / Taihei Station (JR Sassho Line): 14-minute walk
Connecting Road:
North:
Width about 11m
(Public road)
Available From:
Ask
Address
Kita 47-jo Higashi 2-chome, Higashi-ku, Sapporo