Exclusive Listing · Japan

Apartment Building in Toyohira-ku, Sapporo Commercial Property in Hokkaido, Japan

A four-storey steel-frame rental building on freehold land, sold with its tenants in place.

Price
JPY 195.00M
Completion
Completed

Introduction

This income-producing property lies in a residential ward of Sapporo, on a subway line that links several stations within a short walk. It is a four-storey steel-frame apartment building completed in the mid-1980s, with many small units and parking on site. The land is freehold and the sale is an owner change, so existing leases pass to the buyer. It suits an investor who wants an operating rental building in Hokkaido and will review the rent roll and vacancy position before an offer.

Why This Opportunity

  • Sold let, with leases transferring

    The sale is an owner change, so the existing lease agreements pass to the buyer and the building is an operating rental property from handover.

  • Many tenancies under one roof

    With a large number of units in a single building, rent is spread across many tenancies, so one vacancy has a limited effect on the whole.

  • Three subway stations in reach

    Three stations on the same Sapporo Municipal Subway line are between 12 and 16 minutes away on foot, giving tenants a choice of commute.

  • Freehold land

    The site is freehold, so the buyer owns the ground beneath the building outright.

  • On-site parking

    Parking for four cars is available, which supports lettings to tenants who own a vehicle.

  • Immediate handover

    The listing materials state that handover is available immediately, allowing a buyer to take over management without a long wait.

The Area

Where it is

Getting around

  • Nakajima-Kōen-Dōri (中島公園通)

    Tram stop · 2.2 km · 3 min drive

  • Gyōkei-Dōri (行啓通)

    Tram stop · 2.5 km · 4 min drive

  • Yamahana-Ku-Jō (山鼻9条)

    Tram stop · 1.9 km · 3 min drive

  • Sapporo Okadama Airport (札幌丘珠空港)

    Airport · 13 km · 18 min drive

  • Nakajima-koen Station (中島公園駅)

    Subway station · Sapporo Municipal Subway Namboku Line · 770 m · 12 min walk · 12 min to Sapporo Station

  • Nakanoshima Station (中の島駅)

    Subway station · Sapporo Municipal Subway Namboku Line · 800 m · 15 min walk · 15 min to Sapporo Station

  • Horohirabashi Station (幌平橋駅)

    Subway station · Sapporo Municipal Subway Namboku Line · 740 m · 16 min walk · 13 min to Sapporo Station

Nearby

  • Sapporo Lilac Hospital (札幌ライラック病院)

    Hospital · 1.5 km · 3 min drive

  • Aasahimizu Park (旭水公園)

    Park · 390 m · 5 min walk

  • Nakajima Park (中島公園)

    Park · 2.2 km · 4 min drive

Schools

  • 中の島みどりの保育園

    Kindergarten · 650 m · 8 min walk

  • 経専音楽放送芸術専門学校

    College · 1.8 km · 2 min drive

  • 中の島興正保育園

    Kindergarten · 1.1 km · 13 min walk

  • 経専調理製菓専門学校

    College · 1.9 km · 2 min drive

  • Sapporo Municipal Nakanoshima Elementary School (札幌市立中の島小学校)

    Public school · Elementary school · 760 m · 10 min walk

  • Sapporo Municipal Toyohira Elementary School (札幌市立豊平小学校)

    Public school · Elementary school · 890 m · 11 min walk

  • Sapporo Municipal Nakanoshima Junior High School (札幌市立中の島中学校)

    Public school · Junior high school · 1.2 km · 14 min walk

  • Hokkaido Sapporo Minami High School (北海道札幌南高等学校)

    Public school · High school · 1.2 km · 15 min walk

Continue Exploring

More private opportunities across the network.

Browse Properties

Other Properties

Property for sale in Japan Market guides Country, city & neighborhood guides Insights

Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.