Overview of Tagajou Rojuman B Tou (多賀城ロジュマンＢ棟)
Tagajou Rojuman B Tou (多賀城ロジュマンＢ棟) is a 42-year-old condominium located at Tagajoushi Higashida Naka 2 Choume 40-27 (多賀城市東田中2丁目40-27), Miyagi, Japan. Built in 1984, it comprises 120 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kashima Kensetsu , Shimizukensetsu (鹿島建設、 清水建設).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 750〜2,190万円 (approx. $50,000–$146,000 USD at ¥150/$).
Unit sizes range from 63.5–87.8 sqm (684–945 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), 5LDK (5-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.2万/sqm (approx. $881/sqm or $82/sqft).
Location & Neighborhood
The property is located at Tagajoushi Higashida Naka 2 Choume 40-27 (多賀城市東田中2丁目40-27), Miyagi, Japan. It is a 6-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 120 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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