Samty Residential Investment Corporation

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  3. S-RESIDENCE Motoyawata

C-23S-RESIDENCE Motoyawata

Address 5-7-16 Minamiyawata, Ichikawa-shi, Chiba
Access Approx. a four minute walk from Motoyawata Station on the Toei Shinjuku Line
Number of rentableunits 100
Construction completed Jan. 2019
Acquisition price 1,678 million yen
Appraised NOI yield 4.6%
Type Single

Property description

The Property, which has single-type units, is about a 4-minute walk from Motoyawata Station on the Toei Shinjuku Line. Two railway lines namely the Sobu Line and the Toei Shinjuku Line are available at Motoyawata Station, and the Property offers excellent access to the center of Tokyo as it takes about 30 minutes to Tokyo Station.
The area is a mixed residential district with single-family houses, apartments and condominiums located behind the commercial district in front of the station. With plenty of such living convenience facilities as supermarkets, clinics and post offices in the vicinity of the station, the Property is in an environment that offers both convenience of transportation and living convenience. Demand for lease from single-household working adults 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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