Samty Residential Investment Corporation

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A-13S-RESIDENCE Kobe Isogamidori

Address 4-2-16, Isogamidori, Chuo-ku, Kobe, Hyogo
Access Approx. an eight-minute walk from Sannomiya Sta., JR Kobe Line
Number of rentableunits 166
Construction completed Jul. 2014
Acquisition price 2,470 million yen
Appraised NOI yield 5.3%
Type Single / Compact

Property description

This property, which has single and compact type units, is about an eight-minute walk from Sannomiya Station on the JR Kobe Line.
Kobe’s Chuo Ward plays a central role as the hub of politics, business and commerce not only for the city, but also for Hyogo Prefecture.
The area surrounding Sannomiya and Motomachi serves as a major terminal with access to multiple transportation options, including JR, Hankyu, Hanshin, Kobe City Subway, and the Kobe Port Liner. The area has a large concentration of major public facilities, including city hall and other government buildings, as well as major department stores, specialty shops, financial institutions and the office buildings of local companies.
The neighborhood around this property features mainly low-rise apartments with storefronts and office buildings, making it less susceptible to noise concerns and providing an overall sound living environment.

With such characteristics, convenience of transportation and living is excellent and the property is believed to have a high level of competitiveness in the leasing market of areas with similar economic situations.

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