Overview of Oume Gaadenhiruzu P A R T 2 (青梅ガーデンヒルズＰＡＲＴ２)
Oume Gaadenhiruzu P A R T 2 (青梅ガーデンヒルズＰＡＲＴ２) is a 35-year-old condominium located at Oumeshi Amagase Machi 1143-1 (青梅市天ケ瀬町1143-1), Tokyo, Japan. Built in 1991, it comprises 61 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsubishi Kensetsu (三菱建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥19.0万/sqm (approx. $1,267/sqm or $118/sqft).
Location & Neighborhood
The property is located at Oumeshi Amagase Machi 1143-1 (青梅市天ケ瀬町1143-1), Tokyo, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 61 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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