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●Kagoshima-shi is a major city in the South Kyushu region which has many local government agency offices as well as branch offices of major corporations. Furthermore, as it is located in “Tenmonkan” which is the largest downtown district within Kagoshima shi, it is possible to attract business demand. Also, it is also possible to obtain sightseeing visitors going on a historical excursion of historical sites in Kagoshima shi and visitors to Sakurajima.
●At Kagoshima Airport, the extension of the international airline terminal building was completed in 2020, in addition, once the additional runway at Fukuoka Airport expected to be completed in 2025 comes into service, along with the increase in travelers making trips within the Kyushu region, it is anticipated that inbound travelers will also increase in Kagoshima-shi.
| Acquisition price | 3,800million yen |
|---|---|
| Appraisal value | 4,260million yen |
| Asset type | Hotel |
| Structure/Floors | Steel-framed flat roof, 13 floors above ground |
| Address | 4-24 Higashi Sengoku-cho, Kagoshima-shi, Kagoshima |
| Lot area | 882.69㎡ |
| Total floor area | 4,622.48㎡(including the attached building) |
●KOKO HOTEL Kagoshima Tenmonkan is an accommodation-specialized hotel located at an approximate 4-minute walk from “Tenmonkan-dori” station on the Kagoshima City tram Line. The hotel has good access to Kagoshima Airport, as it is also located at an approximate 3-minute walk from the “Tenmonkan” bus stop to catch the bus to Kagoshima Airport.
●The hotel has a total of 295 guest rooms mainly centered on rooms which can accommodate 2 or more guests, and is suitable for both travel demand and business demand.