Overview of N K Manshon Kakamigahara (ＮＫマンション各務原)
N K Manshon Kakamigahara (ＮＫマンション各務原) is a 25-year-old condominium located at Kakamigahara Shi Sohara Touei Machi 2 Choume 79-2 (各務原市蘇原東栄町2丁目79-2), Gifu, Japan. Built in 2001, it comprises 38 units in a Reinforced Concrete (RC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 38 past listings, prices have ranged from 1,060〜2,180万円 (approx. $70,667–$145,333 USD at ¥150/$).
Unit sizes range from 68.4–91.7 sqm (736–987 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥16.3万/sqm (approx. $1,089/sqm or $101/sqft).
Location & Neighborhood
The property is located at Kakamigahara Shi Sohara Touei Machi 2 Choume 79-2 (各務原市蘇原東栄町2丁目79-2), Gifu, 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 25 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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