Samty Residential Investment Corporation

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C-13S-FORT Tamagawagakuen- mae

Address 2-16-28 Tamagawagakuen, Machida-shi, Tokyo
Access Approx. a four‐minute walk from Tamagawagakuen-Mae Station on Odakyu Odawara Line
Number of rentableunits 45
Construction completed Feb. 2008
Acquisition price 587 million yen
Appraised NOI yield 4.9%
Type Single

Property description

The Property, which has single type units, is located about a four-minute walk from Tamagawagakuen-Mae Station on Odakyu Odawara Line. From Tamagawagakuen-Mae Station, it takes approx. 3 minutes to Machida Station, and approx. 40 minutes to Shinjuku Station or Shibuya Station. As such, the area has a command of access to business areas and commercial areas. With streets lined with single-family houses, the area forms a district surrounded by a good living environment. In addition, as there is a concentration of living convenience facilities including supermarkets and restaurants, etc. in front of Tamagawagakuen-Mae Station, and also there are multiple number of universities including Tamagawa University, demand for lease by students who attend universities, and single-household working adults commuting to the business areas 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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