Overview of Koopu Nomura Nakajima Chou (コープ野村中島丁)
Koopu Nomura Nakajima Chou (コープ野村中島丁) is a 42-year-old condominium located at Sendaishi Aobaku Hachiman 1 Choume 10-13 (仙台市青葉区八幡1丁目10-13), Miyagi, Japan. Built in 1984, it comprises 55 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 1,280〜2,580万円 (approx. $85,333–$172,000 USD at ¥150/$).
Unit sizes range from 56.6–89.4 sqm (609–962 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.9万/sqm (approx. $1,594/sqm or $148/sqft).
Location & Neighborhood
The property is located at Sendaishi Aobaku Hachiman 1 Choume 10-13 (仙台市青葉区八幡1丁目10-13), Miyagi, Japan. It is a 25-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 55 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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