JMF-Residence Chihaya

information

90016

Location
4-25 Chihaya 5-chome, Higashi-ku, Fukuoka-shi, Fukuoka
Acquisition Price (mn Yen)
3,280
Date Acquired
Jan. 31, 2022
Mar. 31, 2022
Construction Completion
Oct. 19, 2006
Number of Stories
14 stories above ground, SRC-structure with flat roof
Land Size
2,644.63m2
Zoning
Commercial district
Total Floor Space
10,856.15m2
Number of Tenants
145
Occupancy Ratio
96.5%

* Unlike the property name by JMF, the property is referred to as the “Renaissance 21 Chihaya”.
* JMF acquired 50% co-ownership interest in the trust beneficiary right in real estate on January 31, 2022 (acquisition price: 1,640 million yen), and acquired 50% co-ownership interest on March 31, 2022 (acquisition price: 1,640 million yen).

This property is located a five-minute walk from Kashii-Miyamae Station on the Nishi-Nippon Railroad and a six-minute walk from Nishitetsu-Chihaya Station and JR Chihaya Station, enabling it to be accessed from three stations on two train lines. It has easy access by train to the “Hakata” area, which is the center of business and transportation in Fukuoka Prefecture. The area where this property is located, the Kashii subcenter (Chihaya) district, in particular, has a well-developed urban landscape and a high concentration of facilities that enhance the convenience of everyday life. Thus, housing demand in the area will be solid into the future, with strong demand from single adults, couples and families. This property is a 14-story large-scale rental condominium with exclusive use and common use areas of owner-occupied condominium class grade. Layouts range from one bedroom to four bedroom apartments, and it is expected to generate broad rental demand, mainly from families and couples.

Map

90016

JMF-Residence Chihaya

Location
4-25 Chihaya 5-chome, Higashi-ku, Fukuoka-shi, Fukuoka
Acquisition Price (mn Yen)
3,280
Date Acquired
Jan. 31, 2022
Mar. 31, 2022
Construction Completion
Oct. 19, 2006
Number of Stories
14 stories above ground, SRC-structure with flat roof
Land Size
2,644.63m2
Zoning
Commercial district
Total Floor Space
10,856.15m2
Number of Tenants
145
Occupancy Ratio
96.5%

* Unlike the property name by JMF, the property is referred to as the “Renaissance 21 Chihaya”.
* JMF acquired 50% co-ownership interest in the trust beneficiary right in real estate on January 31, 2022 (acquisition price: 1,640 million yen), and acquired 50% co-ownership interest on March 31, 2022 (acquisition price: 1,640 million yen).