Samty Residential Investment Corporation

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  3. S-FORT Nijojo-jo mae

A-27S-FORT Nijojo-jo mae

Address 471 Taruya‐cho, Nakagyo‐ku, Kyoto‐shi, Kyoto
Access Approx. a four minute walk from Nijo‐jo mae Station on the Kyoto City Subway Tozai Line
Number of rentableunits 47
Construction completed Mar. 2004
Acquisition price 812 million yen
Appraised NOI yield 5.2%
Type Single / Compact / Family

Property description

The Property, which has single, compact type and family type units, is about a four‐minute walk from Nijo‐jo mae Station on the Kyoto City Subway Tozai Line. Transportation is convenient from Nijo‐jo Station to the central areas of the city, such as Shijo Station and Kyoto Station, as well as to Kyoto University and Doshisha University by using bus. The living environment in the area is favorable with the ward office, convenience stores and restaurants, etc. available.
The Property enjoys a scarcity value of location as it is in close proximity to the south of Nijo‐jo Castle, a world heritage, and a high brand image of the location as a condominium area in Kyoto City. The building has employed classy designs of a Japanese taste.

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

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