marimo Regional Revitalization REIT, Inc.

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Property Details

  • MRR Ebetsu1
  • MRR Ebetsu2
  • MRR Ebetsu3
  • MRR Ebetsu4
  • MRR Ebetsu1
  • MRR Ebetsu2
  • MRR Ebetsu3
  • MRR Ebetsu4
Location 37-2 Nohorosumiyoshicho Ebetsu City, Hokkaido
Acquisition price 649million yen
Appraisal value 694million yen
Appraisal NOI yield 5.6%
Gross floor area ①1,483.43㎡
Leasable area 2,320.43㎡
Constructed ①June 6,2018
②July 23, 2018

Property descriptions

With a population of around 120,000, Ebetsu is a popular commuter town for people working in Sapporo with good access to central Sapporo, since it is only about a 20-minute train ride from the closest station, JR Nopporo, to JR Sapporo Station
Steady demand expected due to Tsuruha Drug along with Prono, a well-known hardware store with 51 locations mainly in Hokkaido