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Residential Transactions & Cap Rates in Sendai

16 transactions from J-REIT timely disclosuresLast updated: July 18, 2026 (refreshed weekly)

Transactions

16

Median CR (last 12 months)

4.10%

CR range (last 3 years)

3.8–4.9%

Avg. price (all time)

13.3×¥100M

4 Residential transactions in Sendai were disclosed in the last 12 months, with a median cap rate of 4.10%. That is 20bps lower than a year earlier.

Cap rate trend (monthly median)

3.5%4.0%4.5%5.0%20252024/06: 4.50%(1)2024/09: 4.00%(1)2025/01: 4.30%(3)2025/03: 4.90%(1)2025/04: 3.90%(1)2025/12: 4.10%(4)4.10%4.50%4.00%4.30%4.90%3.90%

Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.

Breakdown by ward

WardTransactionsCap rate
仙台市青葉区74.35%
仙台市宮城野区44.30%
仙台市泉区25.35%
仙台市若林区14.40%

All transactions (16)

DatePropertyWardPriceCap rateAgeSource
2025/12Season Flats Ichibancho青葉区9.7×¥100M3.80%2REIT-IR
2025/12Forest Hill Sendai Aoba青葉区29.3×¥100M4.40%18REIT-IR
2025/12ELSTANZA Hirose-dori RESIDENCE青葉区15.8×¥100M3.80%6REIT-IR
2025/12Grand Casa Sendai Gogashi若林区27.5×¥100M4.40%18REIT-IR
2025/04Gran Casa Sendai Bansui-dori12.5×¥100M3.90%2REIT-IR
2025/03Prime Urban Yaotome Chuo泉区5.1×¥100M4.90%17REIT-IR
2025/01West Park Hasekura青葉区22.0×¥100M4.30%18REIT-IR
2025/01willDo Uesugi 3-chome青葉区7.3×¥100M4.60%18REIT-IR
2025/01willDo Takasago宮城野区4.7×¥100M4.30%20REIT-IR
2024/09TLR Residence Sendai Higashi宮城野区13.5×¥100M4.00%23REIT-IR
2024/06Hashikura Medical Building青葉区14.0×¥100M4.50%11REIT-IR
2021/08S-FORT Izumi Chuo泉区5.5×¥100M5.80%14REIT-IR
Show transactions older than 5 years (4)
DatePropertyWardPriceCap rateAgeSource
2018/02S-FORT Aoba-Uesugi青葉区9.2×¥100M12REIT-IR
2017/12Proceed Sendai-Uesugi15.6×¥100M5.20%1REIT-IR
2016/11Proceed Sendai Kozurunita宮城野区7.0×¥100M5.20%10REIT-IR
2015/04S-FORT Tsutsujigaoka Koen宮城野区13.4×¥100M8REIT-IR

FAQ

What is the average cap rate for Residential in Sendai?

The median cap rate across 4 J-REIT disclosed transactions in the last 12 months is 4.10% (as of July 18, 2026, appraisal NOI yield basis).

What is the data source?

Disclosure PDFs from TDnet (Tokyo Stock Exchange timely disclosure) and official J-REIT IR pages. Every record links to its source.

Other asset types in Sendai

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