Overview of Tookanjienerasu Nakadoori (トーカンジェネラス中通)
Tookanjienerasu Nakadoori (トーカンジェネラス中通) is a 25-year-old condominium located at Akitashi Nakadoori 5 Choume 7-16 (秋田市中通5丁目7-16), Akita, Japan. Built in 2001, it comprises 102 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shimizukensetsu , Daiichi Kensetsu Kougyou (清水建設、 第一建設工業).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,750〜2,980万円 (approx. $116,667–$198,667 USD at ¥150/$).
Unit sizes range from 71.3–101.6 sqm (767–1094 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.3万/sqm (approx. $1,886/sqm or $175/sqft).
Location & Neighborhood
The property is located at Akitashi Nakadoori 5 Choume 7-16 (秋田市中通5丁目7-16), Akita, Japan. It is a 16-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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.
Scale advantage: With 102 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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