Samty Residential Investment Corporation

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A-29S-FORT Miyamachi

Address 1‐1‐62 Miyamachi, Aoba‐ku, Sendai‐shi, Miyagi
Access Approx. a ten minute walk from Sendai Station on the Sendai City Subway
Number of rentableunits 91
Construction completed Mar. 2001
Acquisition price 1,085 million yen
Appraised NOI yield 5.4%
Type Single / Compact

Property description

The Property, which has single and compact type units, is about a ten‐minute walk from Sendai Station on the Sendai City Subway and about a 13‐minute walk from Sendai Station on the JR Tohoku Main Line. Located in the central area of the city, the Property is surrounded by Tohoku University and other educational facilities and has good access to the business areas in Kita‐yobancho and Itsutsubashi. With a plenty of retail facilities including supermarkets and drug stores, the Property is in an area that offers both living convenience and favorable living environment.

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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