Samty Residential Investment Corporation

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A-20S-FORT Kurumamichi

Address 2‐6‐9 Tsutsui, Higashi‐ku, Nagoya‐shi, Aichi
Access Approx. a six minute walkfrom Kurumamichi Station on the Nagoya City Subway Sakuradori Line
Number of rentableunits 19
Construction completed Feb. 2002
Acquisition price 400 million yen
Appraised NOI yield 5.8%
Type Family

Property description

The Property, which has family type units, is about a six‐minute walk from Kurumamichi Station on the Nagoya City Subway Sakuradori Line. Access to the central areas of Nagoya City is excellent as it takes approx. 9 minutes from Kurumamichi Station to Nagoya Station. Besides enjoying a favorable living environment as it is located in a tranquil residential district, the Property is in close proximity to supermarkets and other retail facilities in the vicinity.

With such characteristics, the Property is believed to have a high level of competitiveness in the leasing market of areas with comparable supply and demand trends.

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