Overview of Shanbooru Daini Aramachi (シャンボール第２荒町)
Shanbooru Daini Aramachi (シャンボール第２荒町) is a 44-year-old condominium located at Sendaishi Wakabayashiku Minami Kajichou 101-1 (仙台市若林区南鍛冶町101-1), Miyagi, Japan. Built in 1982, it comprises 127 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 48 past listings, prices have ranged from 950〜2,280万円 (approx. $63,333–$152,000 USD at ¥150/$).
Unit sizes range from 59.4–82.0 sqm (639–883 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.4万/sqm (approx. $1,623/sqm or $151/sqft).
Location & Neighborhood
The property is located at Sendaishi Wakabayashiku Minami Kajichou 101-1 (仙台市若林区南鍛冶町101-1), Miyagi, 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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 127 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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