Samty Residential Investment Corporation

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  3. S-RESIDENCE Yokohama Tanmachi

C-15S-RESIDENCE Yokohama Tanmachi

Address 2-14-10 Tanmachi, Kanagawa-ku, Yokohama-shi, Kanagawa
Access Approx. a four‐minute walk from Tanmachi Station on Tokyu Toyoko Line,
Approx. a nine-minute walk from Kanagawa Station on Keikyu Main Line
Number of rentableunits 36
Construction completed Nov. 2016
Acquisition price 627 million yen
Appraised NOI yield 5.0%
Type Single

Property description

The Property, which has single type units, is located about a four-minute walk from Tanmachi Station on Tokyu Toyoko Line, and about a nine-minute walk from Kanagawa Station on Keikyu Main Line. From Tanmachi Station, it takes approx. 1 minute by Toyoko Line to Yokohama Station, and approx. 25 minutes to Shibuya Station in central Tokyo, and by Keikyu Main Line, approx. 25 minutes to Shinagawa Station, also in Tokyo. As such, the area has a good command of access to business areas and commercial areas and to Tokyo, as well. With streets lined with condominiums and single-family houses, the area offers a good living environment. There are Tanmachi Park adjacent to the area, and a concentration of stores and restaurants, etc. offering fine living convenience facilities in a rich green environment. Demand for lease by single-household working adults commuting to the business areas can be anticipated.
With such characteristics, the Property is believed to have a high level of competitiveness in the leasing market with areas with comparable supply and demand trends.

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