Overview of Fuku Shitsu Manshon (福室マンション)
Fuku Shitsu Manshon (福室マンション) is a 44-year-old condominium located at Sendaishi Miyaginoku Fuku Shitsu 2 Choume 8-17 (仙台市宮城野区福室2丁目8-17), Miyagi, Japan. Built in 1982, it comprises 112 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nakano Kumi (中野組).
Pricing & Floor Plans
Based on 145 past listings, prices have ranged from 180〜920万円 (approx. $12,000–$61,333 USD at ¥150/$).
Unit sizes range from 28.0–68.1 sqm (301–733 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥8.9万/sqm (approx. $591/sqm or $55/sqft).
Location & Neighborhood
The property is located at Sendaishi Miyaginoku Fuku Shitsu 2 Choume 8-17 (仙台市宮城野区福室2丁目8-17), Miyagi, Japan. It is a 4-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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 112 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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