Samty Residential Investment Corporation

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B-04S-FORT Suzuka

Address
361-7, Nishijo-cho, Suzuka-shi, Mie
Access Close to Prefectural Road 54 (Known as Suzuka Chuo-dori Street)
Number of rentableunits 69
Construction completed Jul. 2008
Acquisition price 580 million yen
Appraised NOI yield 6.9%
Type Compact

Property description

This property, which is a compact type, is located close to Prefectural Road 54, which is known as Suzuka Chuo-dori Street.
There are a number of major companies in the vicinity, including a widely recognized automaker and affiliates of a large distribution company and most people commute to work by car, motorcycle or bicycle.
The neighborhood is close to city hall, a library and other public facilities, while supermarkets, eateries, and specialty stores can be found along Suzuka Chuo-dori Street.

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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