Samty Residential Investment Corporation

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  3. S-FORT Fujimidai

C-21S-FORT Fujimidai

Address 4-16-13 Kamisaginomiya, Nakano-ku, Tokyo
Access Approx. a one minute walk from Fjimidai Station on the Seibu Ikebukuro Line
Number of rentableunits 61
Construction completed Aug. 2008
Acquisition price 1,150 million yen
Appraised NOI yield 5.1%
Type Single / Compact

Property description

The Property, which has single and compact type units, is about a 1‐minute walk from Fujimidai Station on the Seibu Ikebukuro Line. It offers excellent access to the center of business and commercial areas as it takes about 10 minutes to Ikebukuro Station via the Seibu Ikebukuro Line and about 40 minutes to Otemachi Station changing trains to Tokyo Metro Marunouchi Line at Ikebukuro Station. With streets lined with condominiums, shops, etc., the area forms a district where residences and commercial facilities gather together. There are a wide range of shops in the vicinity of the station offering living convenience, and thus demand for lease from single‐household working adults and DINKS commuting to business areas can be anticipated.
With such characteristics, the Property is believed to be highly competitive in the leasing market with areas with comparable supply and demand trends.

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