Samty Residential Investment Corporation

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B-10S-FORT Nishinomiya

Address 5-31 Todacho, Nishinomiya-shi, Hyogo
Access Approx. a three minute walk from Nishinomiya Station on Hanshin Electric Railway Main Line
Number of rentableunits 102
Construction completed Mar. 2009
Acquisition price 1,412 million yen
Appraised NOI yield 5.3%
Type Single / Compact

Property description

The Property, which has single and compact type units, is about three-minute walk from Nishinomiya Station on Hanshin Electric Railway Main Line. From Nishinomiya Station, it takes approx. 20 minutes to Umeda Station, and approx. 15 minutes to Sannomiya Station. As such, the area has a good command of access to business areas and commercial areas. With streets lined with condominiums and stores, the area forms a district where residences, workplaces and commercial facilities gather together. As there is a concentration of public facilities including City Office and living convenience facilities such as stores in the vicinity within walking distance, demand for lease by single-household working adults commuting to the business area and DINKS can be anticipated.
With such characteristics, the Property is believed to have a relatively high level of competitiveness in the leasing market with areas with comparable supply and demand trends.

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