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Home > Asset Portfolio > Nursing Home > Will-Mark Kashiihama

Property description

Will-Mark Kashiihama is a freehold 11-storey nursing home consisting of 159 units.

Strategically located in the residential neighbourhood of Fukuoka City, Fukuoka prefecture. The Property is accessible from Chihaya station.

Key Statistics

Land Tenure	Freehold
Land Area	7,298.41 sq m
Floor Area	14,168.56 sq m
Number of Nursing Home Units (Rooms)	159
Year of Completion	2005
Committed Occupancy	100%
Name of Lessee (s)	K.K. Mirai Care
Appraised Value (as at 31 December 2022)	¥ 3,250 million (S$ 33.0 million)1
Location Map	Click here to view location map

Note:

1. The property was valued by Enrix using the Direct Income, Cost and Discounted Cash Flow methods. Based on an exchange rate of S$1.00 to JPY 98.33.