marimo Regional Revitalization REIT, Inc.

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Property Details

  • Dormy Hirosaki1
  • Dormy Hirosaki2
  • Dormy Hirosaki3
  • Dormy Hirosaki4
  • Dormy Hirosaki1
  • Dormy Hirosaki2
  • Dormy Hirosaki3
  • Dormy Hirosaki4
Location 1-8-1, Tomita, Oaza Hirosaki City, Aomori
Acquisition price 741million yen
Appraisal value 797million yen
Appraisal NOI yield 6.1%
Gross floor area 2,904.09㎡
Leasable area 2,904.09㎡
Constructed February 1, 2023

Property descriptions

・The dormitory was completed in February 2023 and is located about a 9-minute walk from the Hirosaki University Bunkyocho campus and about a 10-minute walk from the Honmachi campus.
・The dormitory business of Kyoritsu Maintenance Corporation, the operator, has maintained a high occupancy rate of over 90% for the Corona Disaster, and stable occupancy is expected in the future.
・Long-term fixed rent contract with the operator generates stable cash flow.

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