Samty Residential Investment Corporation

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B-09S-FORT Saga Idaimae

Address 4‐3‐4 Nabeshima, Saga‐shi, Saga
Access Approx. a two minute walk from the Saga City Bus “Igakubu Iriguchi” bus stop
Number of rentableunits 46
Construction completed Mar. 2006
Acquisition price 375 million yen
Appraised NOI yield 6.6%
Type Compact

Property description

The Property, which has compact type units, is about 3.3km from Nabeshima Station on the JR Nagasaki Main Line. Daily transportation is mainly by bus and private cars, but there is no problem both in terms of transportation and accessibility as busses destined to Saga Station Bus Center are available at the Saga City Bus “Igakubu Iriguchi” bus stop, which is about a two‐minute walk to the south of the Property. Moreover, as the Property is located in eastern front of Saga University Nabeshima Campus, which houses the Faculty of Medicine of Saga University and Saga University Hospital, stable demand for lease from students and the hospital staff can be anticipated.

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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