Samty Residential Investment Corporation

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B-23S-FORT Motohama

Address 33-28 Motohamacho, Naka-ku, Hamamatsu-shi, Shizuoka
Access Approx. a sis minute walk from Enshubyoin Station on the Enshu Railway Line
Number of rentableunits 34
Construction completed Mar. 2007
Acquisition price 239 million yen
Appraised NOI yield 6.0%
Type Single

Property description

The Property, which has single type units, is about a 6‐minute walk from Enshubyoin Station on the Enshu Railway Line. It offers excellent transport convenience as it takes 2 minutes to Shin-Hamamatsu Station from Enshubyoin Statin via Enshu Railway Line, and downtown Hamamatsu City is accessible by bus as well. With streets lined with condominiums, shops, etc., the area forms a district where residences and commercial facilities gather together. Having Hamamatsu Castle Park, Hamamatsu Municipal Museum of Art, etc. to the West, it stands in an environment that offers greenery as well as culture. Not only head offices of major manufacturers, but the prefectural office, general hospital, etc. are also located in the city, and thus demand for lease from single‐household working adults commuting to business areas in the surrounding of or in the city can be anticipated.
With such characteristics, the Property is believed to be competitive in the leasing market with areas with comparable supply and demand trends.

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