Samty Residential Investment Corporation

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  3. S-FORT Yokkaichi Nishi Shinchi

B-07S-FORT Yokkaichi Nishi Shinchi

Address 17‐6 Nishishinchi, Yokkaichi‐shi, Mie
Access Approx. an eight minute walk from Kintetsu Yokkaichi Station on the Kintetsu (Kinki Railway) Nagoya Line
Number of rentableunits 60
Construction completed Aug. 2009
Acquisition price 630 million yen
Appraised NOI yield 6.7%
Type Compact / Family

Property description

The Property, which has compact and family type units, is about an eight‐minute walk from Kintetsu Yokkaichi Station on the Kintetsu (Kinki Railway) Nagoya Line.
Located in the area in front of Kintetsu Yokkaichi Station, the Property is in a favorable living environment, with Kintetsu Department Store and other large‐scale retail facilities, supermarkets and a restaurant street around the station as well as well‐established parks and other facilities. As it takes approx. 45 minutes from the station to Kintetsu Nagoya Station, commuting to work and school within Nagoya City is also possible.

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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