Samty Residential Investment Corporation

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C-20S-FORT Kashiwa

Address 3-4-17 Kashiwa, Kashiwa-shi, Chiba
Access Approx. a eight‐minute walk from Kashiwa Station on JR Joban Line
Number of rentableunits 37
Construction completed Mar. 2006
Acquisition price 536 million yen
Appraised NOI yield 5.2%
Type Single / Compact

Property description

The Property, which has single and compact type units, is located about an eight-minute walk from Kashiwa Station on JR Joban Line. From Kashiwa Station, it takes approx. 35 minutes to Tokyo Station and approx. 30 minutes to Ueno Station. As such, the area has a good command of access to business areas and commercial areas. With streets lined with condominiums and commercial facilities, etc., the area forms a district where residences and commercial facilities gather together. In the vicinity within walking distance, there is a concentration of commercial facilities including a department store in addition to living convenience facilities such as the City Office and hospital, etc. Furthermore, as there are a number of universities around the area, demand for lease by students who attend universities, single-household working adults commuting to the business areas 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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