| Address | 1-10-24, Yoneyama, Chuo-ku, Niigata-shi, Niigata |
|---|---|
| Access | Approx. a 6-minute walk from Niigata Station on the JR Line |
| Number of rentableunits | 94 |
| Construction completed | Sep. 2020 |
| Acquisition price | 1,395 million yen |
| Type | Single / Compact |
Property description
The property is about a 6-minute walk from JR Niigata Station, and has single- and compact-type units. The property offers excellent transportation convenience to Niigata Prefecture’s major spots as Niigata Station, the nearest station, offers access to the Joetsu Shinkansen Line and also three conventional railway lines (Shin-etsu Line, Hakushin Line and Echigo Line). The area is a mixed commercial and residential district where there are mainly medium- to high-rise apartments and stores can also be found, and there are extensive facilities for living convenience, such as restaurants and commodity stores, in the station vicinity. Therefore, rental demand from single working adults and DINKs commuting to offices in the Niigata Station vicinity who place importance on living near their workplace can be anticipated. With such characteristics, the property is believed to be highly competitive in the leasing market shared with areas of similar supply and demand.
