Overview of Ekuserento Aoyama Ichiban Kan (エクセレント青山壱番館)
Ekuserento Aoyama Ichiban Kan (エクセレント青山壱番館) is a 24-year-old condominium located at Niigatashi Nishiku Aoyama 2 Choume 14-32 (新潟市西区青山2丁目14-32), Niigata, Japan. Built in 2002, it comprises 49 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,500〜1,930万円 (approx. $100,000–$128,667 USD at ¥150/$).
Unit sizes range from 63.6–88.1 sqm (685–948 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.1万/sqm (approx. $1,605/sqm or $149/sqft).
Location & Neighborhood
The property is located at Niigatashi Nishiku Aoyama 2 Choume 14-32 (新潟市西区青山2丁目14-32), Niigata, Japan. It is a 8-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 24 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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