Samty Residential Investment Corporation

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B-08S-FORT Saga Honjo

Address 1167‐3 Honjo Ipponmatsu, Honjo‐cho, Saga‐shi, Saga
Access Approx. a one-minute walk from Chiyanoki bus stop of the Saga City Bus
Number of rentableunits 127
Construction completed Mar. 2005
Acquisition price 1,050 million yen
Appraised NOI yield 6.2%
Type Compact / Office

Property description

The Property, which has compact type units with office spaces, is about 3.4km southwest of Saga Station on the JR Nagasaki Main Line and about a one‐minute walk from Chiyanoki bus stop of the Saga City Bus. The Property is operated as a condominium for students, and is in good proximity to Saga University and other educational facilities. While daily transportation is mainly by bus and private cars, there are such living convenience facilities as restaurants and shops along the arterial road, and the Property’s building has a higher grade compared with the properties in surrounding areas.

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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