Samty Residential Investment Corporation

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  3. S-RESIDENCE Matsudo

C-22S-RESIDENCE Matsudo

Address 5-7 Honcho, Matsudo-shi, Chiba
Access Approx. a three minute walk from Matsudo Station on the JR Joban Line
Number of rentableunits 52
Construction completed Oct. 2018
Acquisition price 840 million yen
Appraised NOI yield 4.6%
Type Single

Property description

The Property, which has single type units, is about a 3‐minute walk from Matsudo Station on the JR Joban Line. It offers excellent access to the center of business and commercial areas in Tokyo as it takes about 19 minutes to Ueno Station and about 35 minutes to Otemachi Station using the Joban Line and Tokyo Metro Chiyoda Line. 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 shop, etc. located in the vicinity of the station offering favorable living convenience, and thus demand for lease from single‐household working adults also seeking proximity to central Tokyo 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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