EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 1

Outdoor: Exterior

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 2

Outdoor: Exterior

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 3

Indoor: Living Room

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 4

Indoor: Kitchen

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 5

Outdoor: Entrance

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 6

Outdoor: Entrance

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 7

Indoor: Common Areas

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 8

Outdoor: Other

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 9

Outdoor: Other

EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 10
EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 11
EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 12
EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate photo 13
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EW Grande I & Castle Tomioka No.2 / Two Apartment Buildings (48 Units), Hakodate

Hokkaido - Hakodate-shi

Price¥225m
TypeApartment
Area2846.76 m²
Bed-
Bath-
Back Property

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Property Information

A bulk sale of two neighbouring reinforced-concrete apartment buildings with 48 units in total, in Tomiokacho, Hakodate, a 23-minute walk from Goryokaku Station on the JR Hakodate Main Line. - Price: ¥225,000,000; projected gross yield 13% when fully let (projected annual rent ¥29,283,600, per the listing materials) - Buildings: both reinforced concrete, 4 storeys, 24 units each (3LDK × 16 and 4LDK × 8 per building) - EW Grande I: completed March 1982, total floor area 1,805.28㎡; large-scale renovation carried out in 2024 - Castle Tomioka No.2: completed May 1979, total floor area 1,807.80㎡ - Land: 2,846.76㎡ in total (1,331.76㎡ + 1,515㎡), freehold, residential land; faces public roads on the southwest (approx. 8 m) and northwest (approx. 6 m) - Zoning: Category 2 medium-to-high-rise exclusive residential, building coverage 60%, floor area ratio 200%; Article 22 fire-prevention district - Current status: leased (tenanted); sale of a single building is negotiable - Handover: negotiable

Transportation

Goryoukaku

23 minutes walk(JR Hakodatehonsen(Hakodate~Oshamanbe))

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Features

No features listed

Other Information

Land Area2846.76 m²
Land RightOwnership
ZoningResidential
Building Area Ratio60%
Facility Orientation-
StructureReinforced Concrete (RC)
Ground Level Floors4
Building Area3613.08 m²
Available From-
Floor Area Ratio200%
Transaction TypeBrokerage
Year Built1979
Underground Floors-
Total Units/ Guest Rooms48

Monthly Expenses

Management Fee-
Repair Reserve Fund-
Car Parking-
Bicycle Parking-
Others-
Total-

Pricing & Expenses

225,000,000

USD: $1,417,500.00

Price Per Sqm: 79,037.22

All real estate transactions will be settled in Japanese yen (JPY).

USD equivalent (indicative only)

Rate type: Variable (indicative reference rate)

Exchange rate: 1 USD = 158.73 JPY

Reference year: 2026

Exchange rates fluctuate. The USD figures shown use the reference rate and year above for illustration only.

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¥225,000,000

USD: $1,417,500.00

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