marimo Regional Revitalization REIT, Inc.

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Property Details

  • ArtizA Higashi-Shimada1
  • ArtizA Higashi-Shimada2
  • ArtizA Higashi-Shimada3
  • ArtizA Higashi-Shimada4
  • ArtizA Higashi-Shimada1
  • ArtizA Higashi-Shimada2
  • ArtizA Higashi-Shimada3
  • ArtizA Higashi-Shimada4
Location 1-46-1 Higashi-shimada, Kita Ward, Okayama-City, Okayama
Acquisition price 700million yen
Appraisal value 730million yen
Appraisal NOI yield 5.3%
Gross floor area 2,029.25㎡
Leasable area 1,809.60㎡
Constructed December 16, 2016

Property descriptions

The property is located approximately 900 meters southwest of Okayama Station on the JR Sanyo MainLine/Sanyo Shinkansen, and the central-Okayama office district and “AEON MALL Okayama” (one of thelargest shopping mall in West Japan) are within walking distance alongside other convenient facilities foreveryday life in neighboring areas. With such convenience for daily life and transportation, the area is likely to expect due residential demand mainly from singles.

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