Samty Residential Investment Corporation

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B-01S-FORT Shizuoka Hondori

Address 6-1-8, Hondori, Aoi-ku, Shizuoka
Access Approx. a 1-minute walk from Hondori 6-chome Bus Stop, Shizutetsu Just Line Bus
Approx. an 18-minute walk from Shizuoka Sta., JR Line
Number of rentableunits 28
Construction completed Jul. 2006
Acquisition price 297 million yen
Appraised NOI yield 5.9%
Type Compact

Property description

This property, which is a compact type, is in front of the Hondori 6-chome bus stop on the Shizutetsu Just Line and an 18-minute walk from JR Shizuoka Station.
Hondori Street, where this property is located, is the main thoroughfare in Shizuoka’s downtown core. The vicinity includes Shizuoka Bank and other financial institutions, government offices, and the offices of major corporations. The Shizuoka Prefectural Government Building and Shizuoka Red Cross Hospital are located within one kilometer of this property along with city hall and Isetan department store.
In addition, a post office, ward office, elementary school and stores selling daily essentials are located within a 10-minute walk of this property. The living environment is characterized as good because of the close proximity to nearby entertainment districts and Shizuoka Station.

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

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