Overview of Rekuserumanshon Akigawa (レクセルマンション秋川)
Rekuserumanshon Akigawa (レクセルマンション秋川) is a 29-year-old condominium located at Akiru Noichi Akigawa 1 Choume 2-2 (あきる野市秋川1丁目2-2), Tokyo, Japan. Built in 1997, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Taiboku Kensetsu (大木建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,490〜2,190万円 (approx. $99,333–$146,000 USD at ¥150/$).
Unit sizes range from 61.9–80.0 sqm (666–861 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.8万/sqm (approx. $1,787/sqm or $166/sqft).
Location & Neighborhood
The property is located at Akiru Noichi Akigawa 1 Choume 2-2 (あきる野市秋川1丁目2-2), Tokyo, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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