Samty Residential Investment Corporation

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  3. S-FORT Aratamabashi

A-34S-FORT Aratamabashi

Address 16-21 Yobitsugimotomachi, Minami-ku, Nagoya-shi, Aichi
Access Approx. a nine minute walk from Aratamabashi Station on both the Nagoya City Subway Sakura-dori Line and Meijo Line
Number of rentableunits 29
Construction completed Mar. 1999
Acquisition price 449 million yen
Appraised NOI yield 5.6%
Type Compact

Property description

The Property, which has compact type units, is located about a nine-minute walk from Aratamabashi Station on both the Nagoya City Subway Sakura-dori Line and Meijo Line, and about four-minute walk from Yobitsugi Station on Meitetsu Nagoya Main Line. From Aratamabashi Station, it takes approx. 20 minutes by Sakura-dori Line to Nagoya Station, and approx. 17 minutes by Meijo Line to Sakae Station. As such, the Property commands excellent access to business and commercial areas. With streets lined with condominiums and single-family houses, etc., offering a good living environment. As there is a concentration of living convenience facilities including a large-scale commercial facility in the vicinity within a walking distance, demand for lease from DINKS commuting to business areas can be anticipated.
With such characteristics, the Property is believed to have competitiveness in the leasing market with areas with comparable supply and demand trends.

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