16
684.74m²
For Sale
Sapporo Higashi-ku RC Apartment Building | 7.99% Yield | 5-Min Walk to Subway
JPY 140,000,000
Kita 23-jo Higashi 12-chome, Higashi-ku, Sapporo
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Property Highlights
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-Structure: Reinforced Concrete (RC), 6-Story
-Built: September 1990 (building confirmation and inspection certificates issued)
-Unit Mix: 16 Units (1LDK x 9, 1DK x 4, Office x 1, Retail Tenant x 2)
-Building Area: 684.74㎡ (1F 100.97㎡ / 2F 115.73㎡ / 3F to 6F approx. 117㎡ each)
-Land Area: 324.32㎡ (freehold, registered area)
-Zoning: Neighborhood Commercial (building coverage 80% / floor-area ratio 300%)
-Other Restrictions: Quasi-Fire-Prevention District, Category 3 Retail Store District
-Corner Lot: 22m public road on the north side and 6m public road on the east side
-Parking: 3 spaces
-Utilities: All-electric, electricity, public water and sewer, electric thermal-storage heating
-Repair History: Water supply pump replaced with a new unit (March 2026)
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Investment Highlights
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-Gross Yield at Full Occupancy: 7.99%
-Occupancy: 15 of 16 units leased
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Access & Surroundings
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-Motomachi Station (Subway Toho Line): Approx. 5-minute walk
-Convenience Store (Lawson): Approx. 128m
-Convenience Store (7-Eleven): Approx. 303m
-Supermarket (MaxValu): Approx. 730m
A six-story reinforced-concrete corner-lot building in Sapporo’s Higashi Ward, with a 7.99% gross yield at full occupancy; 15 of the 16 units are currently leased. Motomachi Station on the Toho subway line, which runs directly to Sapporo Station and Odori, is a 5-minute walk away. The building combines 13 apartments with one office and two retail units in a neighborhood commercial zone, and the water supply pump was replaced with a new unit in March 2026.
Property Details
Price:
JPY 140,000,000
Year Built:
1990
Property Type:
Apartment Building
Bedrooms:
16
Bathrooms:
Structure:
RC
Property Size:
684.74m²
Land Area:
324.32m²
Land Rights:
Ownership
Parking Space:
Type of Transaction:
Brokerage
Status:
Rented
Building Coverage Ratio:
80%
Floor Area Ratio:
300%
City Planning:
Urbanization Promotion Area
Land Use Zoning:
Neighbouring Commercial Zone
Land Category:
Residential Land
Transport:
Motomachi Station (Subway Toho Line): 5-minute walk
Connecting Road:
North:
Width about 22m
(Public road)
Available From:
Ask
Address
Kita 23-jo Higashi 12-chome, Higashi-ku, Sapporo