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●A business hotel, approx. 5-minute walk from Nishikasai Station on the Tokyo Metro Tozai Line
● A hotel with great appeal to a variety of guests with three types of guest rooms depending on the intended use with seven single bedrooms, seven double bedrooms and 91 twin bedrooms, as well as restaurant on the first floor
● Has a flexibility to complement the customer base with the neighboring hotel owned by SAR, “BEST WESTERN Tokyo Nishikasai,” as the same tenant operates the both hotels
| Acquisition price | 3,180million yen |
|---|---|
| Appraisal value | 3,140million yen |
| Asset type | Hotel |
| Structure/Floors | Steel-framed structure 8 floors above ground |
| Address | 6-19-18 Nishikasai, Edogawa-ku, Tokyo |
| Lot area | 657.00㎡ |
| Total floor area | 2,755.19㎡ |
●Located in a 5-minute walk from the Nishikasai station on the Tozai Line, capable of attracting diversified demands for accommodation including demand of business travelers related to companies located along the Tozai line, leisure travelers visiting TDR and other sightseeing spots, inbound tourists mainly from Asia, as well as MICE demands related to various events held in Tokyo
● Strong appeal to the both business and leisure guests with various types of rooms
● Completed relatively recently in February 2017 and expected to lower repair costs