Samty Residential Investment Corporation

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  3. S-FORT Yokkaichi Motomachi

B-03S-FORT Yokkaichi Motomachi

Address 1-14, Motomachi, Yokkaichi-shi, Mie
Access Approx. a 13-minute walk from Kintetsu Yokkaichi Sta., Kintetsu Nagoya Line
Number of rentableunits 54
Construction completed Jan. 2010
Acquisition price 480 million yen
Appraised NOI yield 6.7%
Type Compact

Property description

This property, which is a compact type, is a 13-minute walk from Kintetsu Yokkaichi Station on the Kintetsu Nagoya Line.
Yokkaichi City, where this property is located, is one of the Chukyo Industrial Belt’s most well known industrial cities. Commuters in the city mainly use car, motorcycle or bus to get to work.
People living here can also work or go to school in Nagoya, because it takes about 45 minutes from Kintetsu Yokkaichi Station to Kintetsu Nagoya.
There is a Kintetsu department store and other large commercial facilities as well as a park in the vicinity of the station, providing an attractive living environment.

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

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