marimo Regional Revitalization REIT, Inc.

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Property Details

  • ArtizA Sendai Kakyoin1
  • ArtizA Sendai Kakyoin2
  • ArtizA Sendai Kakyoin3
  • ArtizA Sendai Kakyoin4
  • ArtizA Sendai Kakyoin1
  • ArtizA Sendai Kakyoin2
  • ArtizA Sendai Kakyoin3
  • ArtizA Sendai Kakyoin4
Location 102-1 Kurumamachi, Miyagino Ward, Sendai City, Miyagi
Acquisition price 2,730million yen
Appraisal value 4,000million yen
Appraisal NOI yield 7.4%
Gross floor area 11,345.53㎡
Leasable area 9,810.37㎡
Constructed January 26, 2009

Property descriptions

The property is located approximately a 7-minute walk from Sendai Station on the JR Tohoku Main Line and enjoys generally good access to the central commercial district. The neighboring area has a mix of residences and retail facilities with medium- to high-rise condominiums and other buildings. Comprised of units with exclusive areas from 30.00 m2 to 76.92 m2, the property is expected to see demand mainly from singles, DINKS(Note), etc. who seek both convenient urban lives and comfortable residences, as well as from families.
(Note) “DINKS” is an acronym standing for ‘Double Income, No Kids’ and refers to couples with two sources of income and no children.

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