Overview of Raionzumanshon Hon'atsugi (ライオンズマンション本厚木)
Raionzumanshon Hon'atsugi (ライオンズマンション本厚木) is a 35-year-old condominium located at Atsugishi Hayashi 2 Choume 3-11 (厚木市林2丁目3-11), Kanagawa, Japan. Built in 1991, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Shin Kensetsu (新建設).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 530〜2,100万円 (approx. $35,333–$140,000 USD at ¥150/$).
Unit sizes range from 19.2–76.8 sqm (207–827 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥25.0万/sqm (approx. $1,665/sqm or $155/sqft).
Location & Neighborhood
The property is located at Atsugishi Hayashi 2 Choume 3-11 (厚木市林2丁目3-11), Kanagawa, Japan. It is a 2-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 35 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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