Samty Residential Investment Corporation

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A-23S-FORT Tsurumai cube

Address 3‐33‐19 Chiyoda, Naka‐ku, Nagoya‐shi, Aichi
Access Approx. an eight minute walk from Tsurumai Station on the Nagoya City Subway
Tsurumai Line
Number of rentableunits 32
Construction completed Apr. 2016
Acquisition price 570 million yen
Appraised NOI yield 5.8%
Type Compact / Family

Property description

The Property, which has compact and family type units, is about an eight minute walk from Tsurumai Station on the Nagoya City Subway Tsurumai Line. The Property, which was completed in April 2016, has excellent access to the central areas of Nagoya City, as Fushimi Station and Marunouchi Station are accessible from Tsurumai Station by using subways and it takes approx. 8 minutes to Nagoya Station by using the JR Line. Near the station exists Tsurumai Park, and there are plenty of living convenience facilities including convenience stores, supermarkets, post offices and medical clinics in the vicinity, providing a favorable living environment to the Property.

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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