For SaleCondominium

Mikaho Rose Villa

Kita 20-jo Higashi 7-chome, Higashi-ku, Sapporo-shi, Hokkaido
Asking Price
¥11,800,000
Mikaho Rose Villa - 1/14
1 / 14

Executive Summary

This is Mikaho Rose Villa, a 7-story reinforced concrete condominium built in September 1973, located in Kita 20-jo Higashi 7-chome, Higashi-ku, Sapporo-shi, Hokkaido. Transportation access is a 15-minute walk from Higashi-kuyakusho-mae Station on the Sapporo Municipal Toho Line, a 20-minute walk from Motomachi Station on the same line, and a 23-minute walk from Kanjodori-higashi Station. The subject unit is situated on the 6th floor facing west, with a floor area of 62.4 sqm, a balcony area of 3.2 sqm, and a 3LDK layout. Main facilities and equipment include a system kitchen, a bidet toilet seat, a storage trunk room, and an elevator. In May 2026, renovations were completed for the plumbing areas (kitchen, bathroom, toilet, washroom) and full interior surfaces (floors, walls, ceilings, fixtures). The land right is ownership, and the zoning is Category II Medium-to-High-Rise Residential Zone. The current status is vacant, with immediate handover available. Nearby facilities include a convenience store (3-minute walk / 186 m), commercial facilities (3-minute walk / 191 m), restaurants (3-minute walk / 214 m), a bank (9-minute walk / 665 m), and a post office (9-minute walk / 678 m).

Property Details

Building Area
62.4 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1973
Floors
Floor 6 of 7
Earthquake Std.
Old Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Category 2 mid/high-rise residential zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
53 units

Utilities & nearby

Gas
City gas

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
2.35%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

If sold after 10 years (before tax)
Annual return (IRR)
1.3%
Net gain
+¥1,620,000
Gain on total investment +12.8%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥11,800,000+¥300,000¥-1,060,000-8.4%-8.4%
2yr¥11,800,000+¥600,000¥-760,000-6.0%-3.1%
3yr¥11,800,000+¥900,000¥-470,000-3.7%-1.3%
4yr¥11,800,000+¥1,190,000¥-170,000-1.3%-0.3%
5yr¥11,800,000+¥1,490,000+¥130,000+1.0%0.2%
6yr¥11,800,000+¥1,790,000+¥430,000+3.4%0.6%
7yr¥11,800,000+¥2,090,000+¥730,000+5.7%0.9%
8yr¥11,800,000+¥2,390,000+¥1,030,000+8.1%1.1%
9yr¥11,800,000+¥2,690,000+¥1,320,000+10.4%1.2%
10yr¥11,800,000+¥2,980,000+¥1,620,000+12.8%1.3%

Assumptions

  • Total investment ¥12,695,400 (price ¥11,800,000 + purchase costs ¥895,400)
  • Management fee and repair reserve: ¥259,200 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥895,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥455,400
Real Estate Acquisition Tax (est., rate varies by property type)¥210,000
Registration License Tax (title transfer)¥100,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥120,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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