Samty Residential Investment Corporation

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C-14S-FORT Tsurukawa

Address 2-19-4 Tsurukawa, Machida-shi, Tokyo
Access Approx. a two minute walk from Tsurukawa-1chome Bus Stop on Odakyu Bus Line
Number of rentableunits 30
Construction completed Mar. 2002
Acquisition price 520 million yen
Appraised NOI yield 5.1%
Type Family

Property description

The Property, which has family type units, is located about a two-minute walk from Tsurukawa-1chome Bus Stop on Odakyu Bus Line, and at about a fourteen-minute walk from Tsurukawa Station on Odakyu Odawara Line, via a two-minute walk from Tsurukawa-1chome Bus Stop. It takes approx. 10 minutes by bus from Tsurukawa-1chome Bus Stop to Tsurukawa Station on Odakyu Odawara Line, approx. 30 minutes from Tsurukawa Station to Shinjuku Station, and approx. 35 minutes to Shibuya Station. As such, the area has a good command of access to business areas and commercial areas. With streets lined with single-family houses, the area forms a district surrounded by a quiet living environment. In the vicinity within walking distance, there are living convenience facilities including daily necessities stores and post office in addition to lush greenery, parks, educational institutes such as elementary and middle-high schools and therefore, demand for lease by DINKS commuting to the 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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